LONDON, Nov 7 (Reuters) - British regulators could fine agroup of six bank for systems and controls failings in theirforeign exchange operations as early as next Wednesday, peoplefamiliar with the matter said.
Three sources said the Financial Conduct Authority (FCA) wasworking to release the coordinated settlement with the banks onWednesday, although they said that timetable could slip ifproblems emerge with details.
The six banks are Switzerland's UBS, U.S. banksJPMorgan and Citigroup and Britain's HSBC, Barclays and Royal Bank of Scotland,sources said. They are expected to be fined a total of about 1.5billion pounds.
It would be the first settlement in the year-long globalprobe into allegations that traders at major banks shared clientorder information.
The FCA said there was no date confirmed for any settlement. (Reporting by Steve Slater, Jamie McGeever and Kirstin Ridley)
Barclays (BARC)
HSBC Holdings (HSBA)