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Forex scandal exposes West's dirty laundry
A new scandal involving leading financial institutions in Europe and the US has been added to the list of previous cases.
Barclays, RBS, JPMorgan, Bank of America, UBS and Citigroup are accused of manipulating foreign exchange market which the FBI says involved criminality “on a massive scale”.
Four banks have agreed to plead guilty to conspiring to fix prices and rig bids in the $5.3-trillion...