EU regulators fine five banks 1.07 billion euros for forex rigging

EU antitrust regulators on Thursday fined Barclays, Citigroup, JPMorgan, MUFG and Royal Bank of Scotland a total of 1.07 billion euros ($1.2 billion) for rigging the spot foreign exchange market for 11 currencies.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/72bzLiZWOhw/eu-regulators-fine-five-banks-1-07-billion-euros-for-forex-rigging-idUSKCN1SM0XS