Monday, 20 February 2017

JPMorgan, HSBC among dozen banks facing fines for rigging S. African rand

JPMorgan, HSBC among dozen banks facing fines for rigging S. African rand

gata.org / 2017-02-20 12:50

By Renee Bonorchis and Michael Cohen Bloomberg News Wednesday, February 15, 2017

South Africa’s antitrust investigators have urged that a dozen banks be fined for colluding and manipulating trades in the rand, potentially becoming the latest in a string of penalties handed to lenders around the world for rigging currencies.

South

February 20, 2017 at 09:20AM

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