Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> INTEREST RATES Latest News

MAR 05, 2014 - Zero Hedge

A Must Read - Share

Bank Of England Finds No Evidence Of FX Market Collusion (But Suspends Employee)

"This extensive review of documents, e-mails and other records has to date found no evidence that Bank of England staff colluded in any way in manipulating the foreign exchange market or in sharing confidential client information,” the Bank of England said today in a statement. Yet, as Bloomberg reports, a staff member was suspended amid the probe of a widening rigging scandal though "no decision has been taken on disciplinary action." As far back as 2006, they show concerns over the FX "fixings" that are at the core of this collusion but are careful not to condone any form of market ... Read More

Tags: Bank Of England Finds No Evidence Of FX Market Collusion (But Suspends Employee),  Interest Rates Latest News