BRUSSELS (Reuters) – EU antitrust regulators on Thursday fined Barclays, RBS, HSBC and Credit Suisse a total of 344 million euros ($389.7 million) for taking part in a foreign exchange spot trading cartel.
UBS avoided a 94 million euro fine as it had alerted the cartel to the European Commission. The EU competition regulator said the cartel had focused on forex spot trading of G10 currencies.
($1 = 0.8828 euros)
(Reporting by Foo Yun Chee)
