Four Banks Guilty of Currency Manipulation but, as Usual, No One’s Going to Jail

By Steve Straehley and Noel Brinkerhoff | AllGov | May 22, 2015 Four major banks—Citigroup, JPMorgan Chase, Barclays, and the Royal Bank of Scotland—have agreed to plead guilty in a Connecticut federal court to conspiring to manipulate the price of U.S. dollars and euros exchanged in the foreign currency market. But instead of sending those […]