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Posted

ASHINGTON (AP) -- Four big banks will pay $2.5 billion in fines and plead guilty to criminally manipulating the global currency markets going back to 2007.

JPMorgan Chase, Citigroup, Barclays and The Royal Bank of Scotland conspired with one another to fix rates on U.S. dollars and euros traded in the huge global market for currencies, according to a settlement announced Wednesday between the banks and U.S. Justice Department. Currency traders allegedly shared customer orders through chat rooms and used that information to profit ahead of their clients.

The criminal behavior took place between December 2007 and January 2013, according to the agreement.

Another bank, UBS, has agreed to plead guilty to manipulating key interest rates and will pay a separate $203 million criminal penalty.

Posted

nice happened

 

chase erri p company, i hate them

Posted

nice happened

 

chase erri p company, i hate them

papam baa a effect manalnti sana kari IT uduyogla mida padutundi

Posted

papam baa a effect manalnti sana kari IT uduyogla mida padutundi

if you know chase work envi and how they treat employess you wouldn't say that bro

Posted

idhi jujubi 

chase ki 

 

2012 lo they lost 2 b in trading some thing

 

 

Posted

if you know chase work envi and how they treat employess you wouldn't say that bro

 2 yrs pani chesa baa na environment bane vundedi

 

brahmilaughing2.gif

Posted

if you know chase work envi and how they treat employess you wouldn't say that bro

it was good, koncham pressure untundhi anthe , nice env , in mine as well, 

Posted

Chase modaa kudisipovali ani korukuney modati vyakthi nenu.

 

baga ayindhi LK gallaki

Posted

Punyavathi TCS uh nuvvu ?

Posted

They got a huge bonus during recession in the form of freebies like bear sterns, Washington mutual and these fines are zu zu bi lanti vi. It is by far the biggest bank by assets and their year on year profits are superb. Kani working for the bank is whole another thing, I worked earlier and it sucks esp if you are in IT because of the moronic baby boomer management ( like no WFH, showing at 9am at any cost)

Posted

Piccha Lite.. Big 4 Banks ki Common e idhi Billions lo Fines Kattadam.. Usually Out of Court Settlement chesukoni Kattestaaru..

maha ante 1Q Profit Bokka anthe Bunny-8.gif

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