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Home>Big banks brace for penalties in probes

Big banks brace for penalties in probes

3party Content

Fri, 31 Oct 2014

By Emily Glazer, Christina Rexrode and Devlin Barrett Big banks in the U.S. and Europe are stockpiling billions to pay for a potential trans-Atlantic settlement of allegations that they manipulated foreign-exchange rates as talks heat up with regulators on both continents. The possibility of a
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