The US charged 3 former London-based FX traders over currency rigging
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EDT November 1, The multinational probes of foreign exchange trading represents the latest investigation of crucial financial benchmarks that affect personal and business citi and jpmorgan confirm forex probes worldwide. Citigroup, JPMorgan And and Royal Bank of Scotland are the latest global banks confirming that their foreign exchange trading is under investigation.
In its third-quarter earnings report Friday, New York-based Citigroup said it had "received requests for information" from government agencies probing the issue and was "cooperating with the investigations and inquiries and responding to the requests.
RBS said it "is reviewing communications and procedures relating to certain currency exchange benchmark rates as probes as foreign exchange trading activity and is cooperating with these investigations. The statement said at this stage, the bank "cannot estimate reliably what effect, if any, the outcome of the investigation may have. Libri sul forex italiano Copper futures trading strategy.
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