Dec 11, 2014

Big Banks Busted Massively Manipulating Foreign Exchange, Precious Metals … And Every Other Market | Zero Hedge

Currency Markets Are Rigged Currency markets are massively rigged. And see this and this. Reuters notes today: Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a year-long global investigation.   HSBC (HSBA.L), Royal Bank of Scotland (RBS.L), JP Morgan...

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