November 12, 2014 BY Andrew Saks-McLeod

US authorities close in on major banks, taking the total penalty to $3.3 billion

North America's CFTC has joined the FCA and FINMA in concluding its investigations into FX rate manipulation, with five banks in line for a $1.4 billion fine, taking the total so far to $3.3 billion, with Barclays' fate yet to be decided

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