Episode

World Business Report

BBC World Service

Business, Business News, News & Politics

Chart Positions

Business News 47

The latest business and finance news from around the world from the BBC

Website

WBR: Banks fined for currency fixing 12 Nov 14

November 12th, 2014

Episode 81 of 897 episodes

Six banks have been collectively fined more than $4.1bn over their traders' attempted manipulation of foreign exchange rates. We ask former regulator Mark Burman whether the fine will make a difference to how the banks operate. Also the US and China strike an unexpected climate deal. Beijing based climate expert Tao Wang tells us it's a breakthrough - as US economist Irwin Stelzer argues the summit in Beijing shows the Chinese see themselves in the ascendancy in world affairs. And Maddy Savage in Stockholm tells us about Sweden's bid to become the first fully cashless society.

Featured Podcast

Listen