Citigroup, Barclays among big banks fined $1.2 billion for currency rigging

The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multitrillion-dollar foreign exchange market.  Banks have been hit with billions of dollars in fines worldwide over the last decade for the rigging of benchmarks...