18 RBS FX traders wave goodbye to annual bonus

“To be clear, no further bonus payments will be made or unvested bonus awards released to those in scope of the review until it has concluded and its recommendations have been considered” – Jon Pain, Head of Conduct and Regulatory Affairs, RBS

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UBS Forex fine – $8 billion???

Independent financial industry research consultancy Autonomous Research points to potentially astronomical fines leveled at banks for FX rate rigging

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