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Singapore regulator joins in global benchmark manipulation probe

MAS joins the HKMA in looking to assist in global investigations of forex rate fixing.....»»

Category: topSource: riskOct 24th, 2013

Singapore regulator joins in global benchmarket manipulation probe

MAS joins the HKMA in looking to assist in global investigations of forex rate fixing.....»»

Category: topSource: riskOct 24th, 2013

Lloyds Pays $370 Million to Settle Libor Probe

The U.K. bank said its traders rigged a benchmark interest rate to cut fees it paid the Bank of England to access emergency taxpayer funding at the height of the financial crisis......»»

Category: europeSource: wsjJul 28th, 2014

Hedge funds ‘biding their time’ to file Euribor suits

Potential litigants await a critical European Union probe into rate-fixing allegations before deciding whether to sue banks.....»»

Category: topSource: riskJun 13th, 2014

UK prosecutor charges US-based ex-Barclays staff in Libor probe

LONDON (Reuters) - Britain on Monday filed its first criminal charges against U.S.-based Libor traders, as the UK arm of a complex global investigation into alleged benchmark interest-rate rigging stretches across the Atlantic......»»

Category: topSource: reutersApr 28th, 2014

UBS suspends six more forex traders

Swiss bank’s move is the first time a trader in Singapore, the world’s third largest forex trading hub, has been suspended as part of probe.....»»

Category: topSource: ftMar 27th, 2014

Three ex-Barclays traders charged in Libor probe

3 new arrests in Libor rate-rigging probe.....»»

Category: topSource: usatodayFeb 17th, 2014

Australian regulator reprimands BNP Paribas over rate fixing

SYDNEY (Reuters) - French bank BNP Paribas SA has been censured by Australian regulators after revealing its traders tried to influence the setting of the country's benchmark inter-bank interest rate, the latest in a string of scandals over global rates s.....»»

Category: topSource: reutersJan 28th, 2014

Fannie, Freddie Watchdog Joins Probe of "Front Running"

A U.S. government watchdog is involved in an investigation of whether bank traders manipulated markets and engaged in front running of orders from Fannie Mae and Freddie Mac in the interest-rate swaps market, according to an FBI intelligence bulletin revi.....»»

Category: marketsSource: moneynewJan 14th, 2014

Fannie, Freddie watchdog in probe of alleged Wall Street front running

WASHINGTON (Reuters) - A U.S. government watchdog is involved in an investigation of whether bank traders manipulated markets and engaged in front running of orders from Fannie Mae and Freddie Mac in the interest-rate swaps market, according to an FBI int.....»»

Category: topSource: reutersJan 14th, 2014

Federal Reserve Said to Probe Banks Over Roles in Forex Fixing

The Federal Reserve is investigating whether traders at the world's biggest banks rigged benchmark currency rates, raising the risk that firms will be penalized for lax controls as regulators look for wrongdoing......»»

Category: marketsSource: moneynewJan 13th, 2014

Citi Fires Trader As Part Of Rate-rigging Probe

Citigroup Inc. has fired one its senior traders on Friday as part of the foreign-exchange rate manipulation investigation by regulators, according to a report in The Wall Street Journal......»»

Category: marketSource: foxnewsJan 10th, 2014

Citi fires trader as part of rate-rigging probe

NEW YORK (MarketWatch) -- Citigroup Inc. has fired one its senior traders on Friday as part of the foreign-exchange rate manipulation investigation by regulators, according to a report in The Wall Street Journal. Rohan Ramchandani had been on paid leave .....»»

Category: topSource: marketwatchJan 10th, 2014

European regulators fine firms $2.3 billion in rate-rigging probe

NEW YORK -- European regulators have fined eight major financial firms $2.3 billion for rigging key interest rates, the latest major penalty in a continuing worldwide fixing probe.    .....»»

Category: topSource: latimesDec 4th, 2013

Singapore overhauls rate-setting mechanism after price-fixing scandal

Following a price-fixing scandal involving 20 banks in Singapore, the Monetary Authority of Singapore not only heavily penalised those involved but switched to a benchmarking system for its rate-setting mechanism.....»»

Category: topSource: riskSep 4th, 2013

REFILE-Commodities brace for more woe ahead of Fed rate decision - Reuters

Business RecorderREFILE-Commodities brace for more woe ahead of Fed rate decisionReuters(Refiles to give full title of first graphic). SINGAPORE/NEW YORK, Sept 15 (Reuters) - Major commodity markets, many already trading near multi-year lows, could face m.....»»

Category: topSource: googlenewsSep 15th, 2014

"Flipped" Bankers Aid U.S. in Foreign-Exchange Probe

U.S. investigators have turned multiple bank employees into informants in a far-reaching probe of possible manipulation of currency markets, and are preparing to seek criminal charges against individual traders as early as next month......»»

Category: topSource: wsjSep 14th, 2014

US rate traders dust off their playbooks

All eyes are on the Federal Reserve as Treasury bond yields begin to rise, reflecting a higher risk of policy change at the US central bank.....»»

Category: marketSource: ftSep 12th, 2014

China fines Audi and Chrysler for price-fixing - Financial Times

Economic TimesChina fines Audi and Chrysler for price-fixingFinancial TimesChina's anti-monopoly regulator has fined Volkswagen's Audi and Fiat's Chrysler for price-fixing, as part of a probe into foreign carmakers that has international inves.....»»

Category: topSource: googlenewsSep 11th, 2014

USD/CNY at 6.1560 as Fixing Set Strongest Since 2010

China’s yuan rose to a six-month high as the central bank raised its fixing by the most in almost four years after the nation reported a record trade surplus. The People’s Bank of China boosted the currency’s daily reference rate by 0.3 percent to 6.....»»

Category: topSource: marketpulseSep 9th, 2014