Wednesday, January 29, 2014

Major Banks Suspend Foreign Exchange Traders Over Market Manipulation

Worth reading in its entirety .....

Major Banks Suspend Foreign Exchange Traders Over Market Manipulation
Pratap Chatterjee
January 20th, 2014

Several major banks – notably Citibank, Deutsche Bank and HSBC - have suspended over a dozen global foreign exchange traders in a growing scandal over manipulation in the $5.3 trillion-a-day market. Barclays, Goldman Sachs, JP Morgan, Royal Bank of Scotland, Standard Chartered and UBS are also being investigated.

See http://www.corpwatch.org/article.php?id=15919

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