A London banker is believed to be the first person arrested in relation to the criminal investigation into rigging the $5.3 trillion a day foreign exchange market.
Tag: Serious Fraud Office
Five Banks Fined £2bn For Rigging Forex Market
FIVE of the world’s largest banks, including HSBC and Royal Bank of Scotland, have been fined more than £2 billion by US, UK and Swiss regulators after admitting some of their traders had attempted to manipulate the $5.3 trillion-a-day foreign exchange market.