TV News LIES

Thursday, May 28th

Last update07:51:56 PM GMT

You are here News International Reports: Barclays bank suspends 6 in rigging probe

Reports: Barclays bank suspends 6 in rigging probe

E-mail Print PDF

barclaysBarclays bank has suspended six traders amid an investigation into whether international currency markets were rigged, the BBC, the Financial Times and other outlets reported Saturday.

Barclays, Britain's second-largest bank, revealed on Wednesday that it was the subject of an investigation by regulators in Britain and other countries over "possible attempts to manipulate certain benchmark currency exchange rates."

The bank said it was "reviewing its foreign exchange trading covering a several year period through August 2013 and is cooperating with the relevant authorities."

Barclays spokeswoman Aurelie Leonard declined to comment Saturday on reports that traders had been suspended.

Other banks including JPMorgan Chase, Citigroup and Switzerland's UBS have also said they are being investigated over currency trading, and Britain's RBS suspended two traders on Thursday in the same investigation.

More...


Most Recent Related Stories...


Sainthood for founder of California missions angers Native American groups

Oscar RomeroSalvadoran Archbishop Oscar Romero, slain in 1980 by a paramilitary death squad while celebrating mass in...

FBI, Swiss authorities go after FIFA officials with corruption charges

FIFA probeSwiss prosecutors opened criminal proceedings into FIFA's awarding of the 2018 and 2022 World Cups, only...

Christian schools in Israel say budget cuts hurt community

Arab israeli school It was an unlikely display of protesters: nuns cloaked in white, a black-clad priest clutching a...

50,000 Americans Rush Into Cuba

Americans rush to CubaThe thaw in relations between the U.S. and Cuba has led to a stunning 36 percent...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!