$5 Trillion A Day FOREX Currency Trading Still Under Investigation

Ronmamita's Blog

Global-Currencies

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…
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*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

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*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

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Do You Remember LIBOR rigging?

RELATED:
http://ronmamita.wordpress.com/2013/10/19/institutional-watch-financial-control-tug-o-war/
http://ronmamita.wordpress.com/2013/06/30/keep-following-the-money/
http://ronmamita.wordpress.com/2013/07/22/zombie-banks-and-ghost-exchanges/
http://ronmamita.wordpress.com/2013/04/30/rolling-stone-everything-is-rigged/
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