UPDATE 3-EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 bln for FX rigging
May 16, 2019 at 10:26 AM EDT
Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market.