BRUSSELS (Reuters) - EU antitrust regulators on Thursday fined Barclays, RBS, HSBC and Credit Suisse a total of 344 million euros ($389.7 million)
BRUSSELS (Reuters) – EU antitrust regulators on Thursday fined Barclays, RBS, HSBC and Credit Suisse a total of 344 million euros ($389.7 million) for taking part in a foreign exchange spot trading cartel.
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.
(Reporting by Foo Yun Chee)
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