Barclays has been hoping to resolve the forex probe with all of the authorities investigating the issue in one deal. It pulled out of a broad settlement last year at the last minute because the (Reuters) - Barclays Plc will pay an additional $150 million to New York State’s financial regulator to resolve allegations that it rigged foreign exchange trading by putting the bank’s interests Barclays suspends currency traders as forex probe widens UK bank Barclays places staff on suspension, as US banks Citigroup and JP Morgan are dragged into a growing currency market rigging Barclays Plc was fined 210.3 million euros and Mitsubishi UFJ Financial Group Inc. must pay nearly 70 million euros as part of the settlement with the EU’s antitrust regulator.
Nov 20, 2017 Barclays, Citigroup and HSBC are all banks involved in the European Commission probe. Make the most of your money by signing up to our
10/30/2014 10/30/2013 Barclays is cooperating with regulators investigating possible manipulation of currency trading by banks, deepening scrutiny of its conduct as it also grapples with a slump in investment banking income. Britain's third-biggest bank by stock market value said on Wednesday it was reviewing its foreign 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 is set to pay at least another $100m to resolve allegations it abused foreign exchange The looming penalty comes as US agencies’ far-reaching forex probe also pursues fresh claims 11/17/2015 Barclays FX trader seeks to dismiss US charges over HP deal. Banks prepare to settle over Brussels forex probe. Fines of billions of euros likely on 8 lenders for allegedly rigging $5.3tn market.
Barclays suspends currency traders as forex probe widens UK bank Barclays places staff on suspension, as US banks Citigroup and JP Morgan are dragged into a growing currency market rigging
London (AFP) – Barclays has suspended six traders while it investigates the possible manipulation of foreign exchange markets, a source said on Friday. The state-rescued Royal Bank of Scotland (RBS) also suspended two of its traders on Thursday as part of the international probe, another source said. 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.
A former Barclays Plc (BARC.L) trader pleaded guilty on Wednesday to U.S. charges arising from a global investigation into the manipulation of foreign-exchange prices at major banks, the U.S. Department of Justice said. Jason Katz, a former Barclays trader who later worked at BNP Paribas SA (BNPP.PA Nov 19, 2015 · Barclays to pay $150 million more to New York regulator in forex probe. Suzanne Barlyn. 3 Min Read (Reuters) - Barclays Plc will pay an additional $150 million (98 million pounds) to New York
Nov 10, 2013 · 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.
Nov 19, 2015 · Barclays to pay $150 million more to New York regulator in forex probe. Suzanne Barlyn. 3 Min Read (Reuters) - Barclays Plc will pay an additional $150 million (98 million pounds) to New York Sep 27, 2014 · UK Talking to UBS, Barclays, 4 Other Banks About Settling Forex Probe: Report . Corporates. Updated: September 27, 2014 12:25 pm IST. Barclays, HSBC, Royal Bank of Scotland, JP Morgan and Citi Nov 01, 2013 · Forex probe widens with Barclays, RBS suspensions Banks put traders on leave amid potential manipulation of currency trading. By. The Wall Street Journal. Nov 01, 2013 · UK bank Barclays has suspended six traders as part of a probe into suggestions that currency markets could have been rigged, the BBC has learnt. On Thursday, Royal Bank of Scotland suspended two Nov 19, 2015 · Barclays Plc will pay an additional $150 million (98 million pounds) to New York State's financial regulator to resolve allegations that it rigged foreign exchange trading by putting the bank's interests ahead of those of its clients, the regulator said on Wednesday. May 20, 2015 · Major banks admit guilt in forex probe, fined $6 bn. Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and six banks were fined a total of nearly $6 billion in a settlement that substantially ends a global probe into misconduct in the $5-trillion-a-day market.