Five of the world’s top banks will pay over $5 billion in fines after pleading guilty to rigging the price of foreign currencies. Attorney General Loretta Lynch unveiled the plea deal. UBS is also expected to plead guilty to charges and pay a $500 million fine. The Justice Department is voiding a previous non-prosecution agreement with UBS over its violations of the terms. No individual bank employees were hit with criminal charges, meaning no one will go to jail.
2015
in 19th century this crime would hang them.