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European Regulators Impose Heavy Fines on Global Banks for Forex Cartel Activities.

April 21, 2026 at 9:15 AM

The European Commission has fined several major financial institutions, including Barclays, HSBC, and NatWest, a total of €344 million for their participation in a foreign exchange spot trading cartel.

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European Regulators Impose Heavy Fines on Global Banks for Forex Cartel Activities
Image Credit : ifre.com

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