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US pushing for banks to admit forex manipulation

Justice Department has told Barclays, JPMorgan Chase, RBS, Citigroup that they must plead guilty to settle criminal charges, say lawyers

New York

THE Justice Department is pushing some of the biggest banks on Wall Street - including, for the first time in decades, US institutions - to plead guilty to criminal charges that they manipulated the prices of foreign currencies.

In the final stages of a long-running

sentifi.com

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