Forex probes set to dwarf Libor cases – Money Supply (blog)
Telegraph.co.uk |
Forex probes set to dwarf Libor cases
Money Supply (blog) At least a dozen authorities across the US, Europe and Asia are assisting in or conducting investigation against more than 15 banks to find evidence that traders have shared information about client orders and tried to move crucial forex benchmarks. The lunch meetings at the heart of the Bank of England forex inquiry Big banks face up to €10bn in legal costs ALEX BRUMMER: Bank of England faces probe into rate rigging of forex |
