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NWG Natwest

425.50
-11.50 (-2.63%)
Last Updated: 10:02:29
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Natwest LSE:NWG London Ordinary Share GB00BM8PJY71 ORD 107.69P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.50 -2.63% 425.50 425.30 425.50 434.65 424.40 433.50 7,007,157 10:02:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 14.77B 4.64B 0.5756 7.41 35.2B

Citigroup Says Could Plead Guilty in DOJ's Forex Investigation

11/05/2015 2:47pm

Dow Jones News


Natwest (LSE:NWG)
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From Feb 2020 to Feb 2025

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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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