Probe forex barclays

Oct 30, 2013 · Barclays is the latest bank to disclose regulators' probes into foreign exchange rates. the investigations' focus on on foreign currency traders includes "possible attempts to manipulate Nov 03, 2014 · British giants Barclays and Royal Bank of Scotland last week made huge provisions for possible costs and penalties arising from the forex probes. Barclays set aside £500 million ($800 million), while RBS reserved £400 million. JPMorgan, Citicorp, Barclays, and RBS were dealers in the FX Spot Market.44 These individuals formed exclusive online chat rooms, 36 Id. 37 Id. 38 Id. 39 Press Release, Dep’t of Justice, Office of Pub. Affairs, supra note 9. 40 Id. 41 Id. 42 Karen Freifeld et al., Global Banks Admit Guilt in Forex Probe, Fined Jun 17, 2015 · Seoul (AFP) - South Korea's anti-trust watchdog said Wednesday it has opened an investigation to see whether alleged foreign-exchange market rigging by six global banks fined in a US and Europe forex probe hurt local firms. In addition to Barclays and JPMorgan, the banks targeted by CADE's probe are Standard Bank PLC, Tokyo-Mitsubishi UFJ Bank, Citigroup Inc., Credit Suisse AG, Deutsche Bank AG, HSBC Holdings PLC A former Barclays Plc trader who fled to France before he was convicted of helping to rig a key benchmark is facing extradition proceedings that could lead to him being sent to the U.K. to serve

The latest round of internal actions involves multiple suspensions as U.S. and U.K. regulators widen their focus to include scores of Forex traders. Amid an investigation into the dubious practices of foreign exchange traders at Citigroup (NYSE:C) and HSBC (NYSE:HSBC), both banks have suspended and/

WASHINGTON-A former foreign-exchange trader at Barclays PLC pleaded guilty Wednesday to conspiring to manipulate currency rates, the first individual publicly charged in an investigation over Barclays, Citi gave South Africa watchdog info for FX probe - sources . Barclays, Citi gave South Africa watchdog info for FX probe - sources . Breaking News. How would you best describe yourself? Individual Investor Institutional Investor Financial Advisor Active Trader. Thank you! Quotes. (Reuters) - Barclays Plc (BARC.L) is being probed by the United Kingdom’s privacy watchdog, the Information Commissioner’s Office (ICO), over allegations that the British bank spied on its staff, the agency said on Sunday. Earlier this year, Barclays said it was changing a system that the bank was Barclays, Citi helped South Africa with forex trading probe – sources. The Commission launched the probe in April 2015, joining a global clampdown that has led to dozens of traders being fired and big banks fined a total of around $10 billion for rigging interest rate and foreign exchange benchmarks.

Beyond Barclays, the other banks that pleaded guilty in May 2015 in the foreign-exchange probe included a unit of Citigroup Inc C.N, JPMorgan Chase & Co JPM.N and the Royal Bank of Scotland Group

Barclays has put aside £500 million to cover fines and payments it expects for its role in the alleged rigging of the £3 trillion-a-day foreign exchange markets. Katz’s plea came after Barclays and three other banks last year pleaded guilty to conspiring to manipulate currency prices. Barclays agreed to pay $2.4 billion to resolve related U.S. and UK probes. The forex investigation adds to a string of probes faced by Barclays boss Antony Jenkins, who took over as chief executive 14 months ago and is trying to rebuild his bank’s reputation after a The DFS probe is taking longer than the others because the regulator is also investigating whether algorithms used by Barclays’ forex trading platform played a part in the bank’s manipulation of the currency markets. DFS is also investigating Deutsche Bank over its use of algorithms. Regulator Wants Monitors in Deutsche Bank, Barclays U.S. Offices as Part of FX Probe Jenny Strasburg broke the news that New York financial regulators had notified Deutsche Bank and Barclays PLC they wanted to install monitors in their firms as part of an investigation into the possible manipulation of the foreign-exchange market. The New York banking regulator installed monitors at Barclays and Deutsche Bank last year to keep tabs on their forex trading, but yesterday it emerged that the investigation has been expanded to Without specifying the jurisdictions of the probes, some of these banks have admitted to being investigated by regulatory authorities for alleged forex market manipulations. These include Goldman Sachs , HSBC , UBS, Deutsche Bank , Barclays , RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.

U. S. scrutiny of Barclays and UBS widens forex trading probe: FT. n">(Reuters) - The U. S. Department of Justice is examining currency-linked investments offered by Barclays ( BARC. L ) and UBS ( UBSG. VX ), the Financial Times reported on Sunday.

StockBeat: Barclays Rocked by FCA Probe in CEO's Epstein Links. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices Nov 20, 2013 · Forex probe hangs over banks by Virginia Harrison @vharrisoncnn November 20, 2013: 8:30 AM ET A global investigation into forex trading abuses is the latest legal headache for the banking industry.

May 20, 2015 · Last year, the UK lender pulled out of a $4.3bn multi-bank forex settlement because the DFS was not part of the deal. Both parties agreed to be part of Wednesday’s resolution as long as DFS could exclude a probe into Barclays’ forex electronic trading platform, which will be concluded at a later date.

11/1/2013 Barclays will pay an additional $150m to New York's financial regulator to resolve allegations that it rigged foreign exchange trading. Forex probe: Barclays pays extra $150m Shop @ Loot 2/27/2015