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| Name | Symbol | Market | Type |
|---|---|---|---|
| Royal Bank of Scotland Group PLC | NYSE:RBS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.09 | 0 | 01:00:00 |
From May 2019 to May 2024
By Christina Rexrode
Citigroup Inc. confirmed that it could plead guilty to an antitrust charge as part of a settlement with the Justice Department over accusations that the bank's traders rigged foreign-exchange rates.
The bank also said, in a regulatory filing Monday, that it is in "active discussions" with the Justice Department over settling the foreign-exchange accusations.
Citigroup and other big banks have been accused of manipulating foreign-exchange trading to their own advantage, sometimes at the expense of clients, and a settlement with the Justice Department had been expected.
The Wall Street Journal reported last week that Citigroup, as well as Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group, are expected to plead guilty to criminal anti-trust charges as part of any settlement with the Justice Department. This is the first time that Citigroup has acknowledged that it might plead guilty.
Write to Christina Rexrode at christina.rexrode@wsj.com
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