12th May 2015 14:03
LONDON (Alliance News) - At least part of the billion of pounds in fines faced by banks over regulators' investigations into currency rigging is set to be delayed, according to tweets by Sky News City Editor Mark Kleinman.
"I'm hearing that at least some of the multibillion-pound FX-rigging settlements between banks and regulators, set for tomorrow, now delayed," Kleinman tweeted on Tuesday.
"At least $6bn in fines heading for Barclays, RBS, JP Morgan and others. Reasons for and scale of delay unclear for the moment," another tweet visible on Kleinman's account read.
Barclays shares were down 0.9% at 258.50 pence on Tuesday, while RBS shares were down 1.6% at 351.90p.
By Samuel Agini; [email protected]; @samuelagini
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