BLOOMBERG Countdown November 12, 2014
Hello and welcome to countdown. I am mark barton. I am anna edwards. And i am manus cranny. 20 of news on the banking sector. The regulator in the u. S. The first to break its cover on this given the details of who they are going to be finding. They have ordered five banks to pay more than 1. 4 billion in an fx probe. Citibank, hsbc, jpmorgan, rbs, and ubs will pay a fine. Not said anything about any conversation they may or may not have had with barclays on this. The banks have said they will cease and desist for further violations, according to the cftc. Some fx traders and banks court knitt...