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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

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

Lloyds Nears Rate-Probe Settlement

Lloyds Banking Group said it is in late-stage settlement talks with a number of agencies over potential rigging of Interbank Offered Rates and other benchmarks......»»

Category: topSource: wsjJul 25th, 2014

Lloyds expected to pay up to $509.5 million as LIBOR fine

(Reuters) - Lloyds Banking Group is expected to announce early next week that the British bank would pay between 200 million pounds and 300 million pounds ($509.52 million)to settle benchmark interest rate (LIBOR) fixing allegations, the Financial Times r.....»»

Category: topSource: reutersJul 24th, 2014

Banks Seek Simultaneous Settlements in Forex Probe

A number of major banks are looking to simultaneously settle probes into allegations of foreign-exchange rate-rigging with the U.K.'s Financial Conduct Authority......»»

Category: topSource: wsjJul 23rd, 2014

Banks Seek Simultaneous Settlements in Foreign-Exchange Probe

A number of major banks are looking to simultaneously settle probes into allegations of foreign-exchange rate-rigging with the U.K.'s Financial Conduct Authority......»»

Category: topSource: wsjJul 23rd, 2014

U.K. May Announce FX Probe Settlements Simultaneously

A number of major banks are looking to simultaneously settle probes into allegations of foreign-exchange rate-rigging with the U.K.'s Financial Conduct Authority......»»

Category: topSource: wsjJul 23rd, 2014

FX-Rigging Probe Settlement Accelerates With UK Regulator

As the proof piles up, and retired/suspended traders increase, Bloomberg reports that talks to reach the first settlement in the FX-rigging probe are accelerating, with Britain’s markets regulator preparing to reach a deal with a group of banks this.....»»

Category: blogSource: zerohedgeJul 23rd, 2014