EU regulators fine five banks 1.07 bln 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/companyNews/~3/yIPOG9bYhqE/eu-regulators-fine-five-banks-1-07-bln-euros-for-forex-rigging-idUSL5N22S35A