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?