Posts tagged Royal Bank of Scotland.
The American Commodity Futures Trading Commission (CFTC), British Financial Conduct Authority (FCA), and Swiss Financial Market Supervisory Authority (FINMA) announced fines of $3.4 billion against five global banks on Wednesday, November 12th, 2014. The five banks were UBS ($799 million), Citigroup ($668 million), JP Morgan Chase ($662 million), the Royal Bank of Scotland ($634 million), and HSBC ($618 million). Of the total fine, $1.77 billion came from the FCA, $1.475 billion came from the CFTC, and $138 million came from FINMA. All of the banks had set aside funds as reserves ...
Posted in: Third Circuit Court
Tags: CFTC, Citigroup, Commodity Futures Trading Commission, FCA, Financial Conduct Authority, Financial Market Supervisory Authority, FINMA, Forex Probe, HSBC, JP Morgan Chase, Royal Bank of Scotland, UBS