Are FX fines enough to bring change?

At the time of writing this we had just heard how four banks pled guilty to conspiring to fix prices and rig bids in the foreign exchange (FX) market. Helen Morrissey asks if the fines levied are enough to bring much needed change.

Helen Morrissey
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At the time of writing this we had just heard how four banks pled guilty to conspiring to fix prices and rig bids in the foreign exchange (FX) market.

Barclays, Citigroup, JP Morgan Chase and the Royal Bank of Scotland were all fined, with Barclays receiving the biggest fine of $2.4bn (£31.5bn). This includes a £284m penalty to be paid to the Fin...

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Helen Morrissey
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