UPDATE 2-EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 bln for FX rigging
May 16, 2019 at 08:34 AM EDT
The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange market.