EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging

Discussion in 'Wall St. News' started by ETJ, May 17, 2019.

  1. Nighthawk


    These bastards deserve their FX license being revoked which basically means they would be out of business to serve multi-national companies. This would be the correct and ONLY acceptable regulatory response.

    If any of of Tier2 or Tier3 would have engaged in such a behavior, licenses would be revoked. Why do market participants allow regulators to get away with this absolutely unacceptable ruling?
    #11     May 18, 2019