RBS, Barclays, HSBC, Goldman: White Collar Criminals In Rigged Foreign Exchange Scandal Must Face Jail Time, Say UK Experts
‘Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary citizens, experts warn.
British banks could be fined billions in coming months as investors pursue them for rigging foreign exchange (Forex) rates, following a landmark US settlement on Friday.
RBS, Barclays, HSBC and Goldman Sachs were among nine global banks that agreed to the £1.3 billion (US$2 billion) settlement with irate investors who had been affected by the market manipulation.’
The post RBS, Barclays, HSBC, Goldman: White Collar Criminals In Rigged Foreign Exchange Scandal Must Face Jail Time, Say UK Experts appeared first on David Icke.
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