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Thursday, 2 December 2021

EU fines HSBC, Credit Suisse, 2 others €344 mln forex trading probe

EU fines HSBC, Credit Suisse, 2 others €344 mln forex trading probe: Authorities in Brussels on Thursday levied the penalties on the banks after finding that their foreign-exchange traders had used online chat rooms, including one called Sterling Lads, to share information and sometimes co-ordinate trading strategies.

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