Swiss to investigate manipulation of currency markets
Swiss regulators are investigating a number of financial firms over the potential manipulation of currency markets, where £3tn changes hands every day. The regulator said that multiple banks around the...
View ArticleFX coverup: Argentinas banking archives are destroyed in unexplained fire
While we are sure it is a very sad coincidence, on the day when Argentina decrees limits on the FX positions banks can hold and the Argentine Central Bank’s reserves accounting is questioned...
View ArticleUkraine bans currency trading due to hyperinflation
The National Bank of Ukraine has banned banks from buying foreign currency for their clients until the end of the week in a fresh attempt to halt the national currency’s free fall. Hours after the...
View ArticleSix banks fined $5.8 billion for market rigging
Editor’s note: these banks made billions more from their crimes, let alone received billions of $ in bailouts which the tax payers funded. So will we receive this money? Will any of these bankers ever...
View ArticleForex scandal: criminal bankers must be jailed, not fined
Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary...
View ArticleBanks told to cover-up tracks of China’s forex regulator regarding capital...
China’s forex regulator is telling banks to keep its instructions about curbing capital outflows secret and to ensure that research analysts keep any negative views about the yuan’s prospects to...
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