UK Stocks-Factors to watch on Nov. 12

miércoles 12 de noviembre de 2014 02:45 GYT

LONDON Nov 12 (Reuters) - Britain's FTSE 100 index is seen opening down by 1-9 points, or as much as 0.1 percent lower, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed up by 0.2 percent at 6,627.40 points on Tuesday, marking its highest closing level since late September.

BANKS: Britain fined five major banks including UBS and Citigroup 1.1 billion pounds ($1.75 billion) for failings in currency trading in a landmark settlement after a scandal that has roiled the world's largest market. HSBC, Royal Bank of Scotland and JP Morgan also settled UK allegations of failures after a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash with dozens of dealers suspended or fired.

U.S. regulator the Commodity Futures Trading Commission (CFTC) fined five banks more than $1.4 billion for the attempted manipulation of foreign exchange rates. The CFTC said it had imposed penalties of $310 million on both Citibank and JPMorgan, $290 million each on Royal Bank of Scotland and UBS and $275 million on HSBC.

BHP BILLITON : BHP Billiton is redoubling its efforts to secure supplies to feed its Australian Nickel West division, industry sources said, after it rejected offers to sell the business.