Regulators in the UK and US have fined banks more than £2 billion over the foreign exchange (Forex) rigging scandal.
The Financial Conduct Authority said it was imposing the fines for "failing to control business practices in their G10 spot foreign exchange".
Five banks have been fined a total of £1.1 billion over the foreign exchange (Forex) rigging scandal.
The Financial Conduct Authority said it was imposing the fines for "failing to control business practices in their G10 spot foreign exchange".
Some of the key points in the Forex rigging scandal.
Regulators in the UK and US have fined banks more than £2 billion over the foreign exchange (Forex) rigging scandal.