Tag: Forex
US Court Finds Credit Suisse Was Not Guilty Of Forex Price-Fixing
A US jury found on Thursday that Credit Suisse did not conspire with the world's largest banks to rig prices in the foreign exchange...
EU Fines HSBC, Credit Suisse & Others Over FX Cartel
EU antitrust regulators on Thursday fined Barclays, Credit Suisse, HSBC and NatWest 344 million euros ($390 million) for foreign exchange market rigging, reported Reuters.
UBS...
South Africa To Unite 9 More Banks In Forex Trading Case
The need to properly spend public funds calls for nine banks accused of manipulating the rand-dollar exchange rate, to be joined in a case...
French Watchdog Warns Against Unauthorized Crypto Platforms
French stock market regulator, the Autorité des Marchés Financiers (AMF), continues monitoring the cryptocurrency market to warn investors about unauthorized crypto services.
On Friday, October...
EU: Credit Suisse gets antitrust complaint in FX probe
Credit Suisse Group announced it received a European Union antitrust complaint last week, raising the risk of a fine in a lengthy investigation into...
US: 5 more banks settle forex claims
On July 28 in the US District Court in Manhattan, preliminary settlements were filed as Morgan Stanley, Royal Bank of Canada, Societe Generale, Standard...
UK: FCA chief sets deadline for LIBOR replacement
The chief executive of the UK's Financial Conduct Authority, Andrew Bailey, spoke on Thursday at an event in London saying that the currency exchange...
World: ECB, Fed, Reserve Bank of Australia push FX code of...
The Federal Reserve, the Reserve Bank of Australia and the European Central Bank (ECB) have all put pressure on currency-trading banks to adopt a...
US: JPMorgan and Deutsche Bank settle LIBOR allegations
On July 21, JPMorgan Chase & Co and Deutsche Bank AG agreed to pay US$71 million and US$77 million respectively to end private litigation...
US: Ex-Rabobank traders’ convictions overturned
The 2nd Circuit Court of Appeals in New York overturned on July 18, the convictions of two former Rabobank traders in the first US...
