'Breathtaking' misconduct at banks over rate-rigging

  • 9 years ago
Six banks will have to pay out more than $5.6 billion to settle claims they manipulating the foreign exchange market. The fines bring to more than $160 billion the amount the banks have had to pay out for various investigations since 2008. Also today: the company that scrapped its management structure is having difficulty holding on to staff.

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