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U.S. Federal Reserves fines BNP Paribas $246 mln for foreign exchange fixing

July 17, 2017 by  
Filed under News

WASHINGTON (Reuters) – The Federal Reserve announced on Monday it had fined BNP Paribas $246 million for “unsafe and unsound” practices in its foreign exchange markets, saying it had found deficiencies in the bank’s oversight and internal controls of its traders.


Source: Reuters Business News

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