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Once-Unthinkable Criminal Pleas by U.S. Banks Get Investor ‘Meh’

Traders Magazine Online News, May 21, 2015

Hugh Son and Elizabeth Dexheimer

Investors yawned at the news Wednesday that five of the world’s biggest banks, including JPMorgan Chase & Co. and Citigroup Inc., agreed to plead guilty in a currency- rigging probe. They’re among six banks that will pay $5.8 billion in fines.

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