According to the Wall Street Journal it is also possible that an out-of-court agreement will be resorted to which would impose sanctions on the banks for figures that could be between 500 million and a billion dollars.
US, JP Morgan under investigation for currency manipulation
The US banking giant has come under criminal investigation: the accusation is of having manipulated the foreign exchange market – Possible an out-of-court settlement with a fine of between 500 million and a billion dollars.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
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