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Read More »JPMorgan and HSBC face fines in S African rand-rigging probe
Bloomberg South Africa’s antitrust investigators urged that a dozen banks be fined for colluding and manipulating trades in the rand, becoming potentially the latest in a string of penalties handed to lenders around the world for rigging currencies. The Competition Commission identified lenders including Bank of America Merrill Lynch, HSBC Holdings Plc, BNP Paribas SA, Credit Suisse Group AG, …
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