Top foreign and local stories at 3pm Wednesday


Top foreign stories:

Five major banks face US$5bil bill over forex rigging: Five of the world’s biggest banks are expected to be hit with a combined bill of more than US$5bil and criminal charges today in a settlement with US and British authorities over rigging of currency markets. The banks involved are JPMorgan, Citigroup, Barclays, Royal Bank of Scotland and UBS. — Reuters

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