Worldwide Probe into suspected rigging of Foreign Exchange deals…
Goldman Sachs, HSBC, Barclays, Royal Bank of Scotland (RBS), Deutsche Bank, UBS, Citi, JPMorgan Chase, and others…
.
*Regulators around the world are investigating whether more than a dozen firms, including Deutsche Bank, colluded to rig various benchmark interest rates to mask their true cost of borrowing. – Bloomberg.com
.
*Six Currency traders suspended by Barclays as investigations continue…
Scandal-hit Barclays has suspended six traders amid a probe into possible rigging of the £3trillion-a-day foreign exchange market.[Barclays] still reeling from a £290million fine for its part in the Libor rigging controversy, is understood to have taken action against the wheeler dealers after being contacted by regulators. –mirror.co.uk
.
Do You Remember LIBOR rigging?
RELATED:
____________________________________________
Giftoftruth Southern Africa 