Monday, 20 February 2017

Citibank to pay R69 million in banks collusion saga

By BUSINESS REPORTER JOHANNESBURG, (CAJ News) – CITIBANK N.A will pay a fine of over R69,5 million ( USD 5,3 million ) following a settlement agreement with the Competition Commission over the bank’s involvement in a forex trading cartel. The Commission found that from at least 2007, Citibank N. and its competitors had a general […]

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