$5 Trillion A Day FOREX Currency Trading Still Under Investigation

Ronmamita's Blog


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?


View original post

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s