EU fines five major banks €1bln for currency collusion

By |maj 16th, 2019|Barclays, Citigroup, competition, currency exchange, JPMorgan, News, trade|

The EU's powerful antitrust authority fined five major banks, including Barclays and Citigroup, on Thursday (16 May) with more than a billion euros for collusion in the massive foreign exchange currency market.