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EU fines Barclays, RBS, HSBC, Credit Suisse 344 million euros for forex cartel
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EU fines Barclays, RBS, HSBC, Credit Suisse 344 million euros for forex cartel

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UBS avoided a 94 million euro fine as it had alerted the cartel to the European Commission. The EU competition regulator said the cartel had focused on forex spot trading of G10 currencies.

($1 = 0.8828 euros)

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