Barclays bank is to pay a record £1.5bn fine after admitting members of staff were involved in rigging the foreign exchange rate. Barclays has reached a...
The Swiss bank UBS is facing £350m in fines for rigging the foreign exchange rate in a fresh wave of penalties against multinational banks expected by...
Reports suggest that the Serious Fraud Office (SFO) is preparing to launch a criminal investigation in the alleged rigging of the foreign exchange (forex) market. The...
Chancellor George Osborne is set to announce tougher measures to punish those committing wrongdoings in the financial sector, including making the manipulation of the foreign exchange...
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has said it will take years for culture changes to filter through financial services firms. His...
HSBC has suspended two traders dealing in the foreign exchange markets, according to reports, following an investigation being launched into possible rigging. HSBC is just one...
Some of the world’s largest global banks are facing investigations from seven financial regulators over allegations of foreign exchange manipulation. The banks, which are accused of...
Barclays has admitted to launching a probe into its foreign exchange trading operations. The bank, which was also implicated in the Libor scandal, faces further damage...
Bill Nighy has outlined during a trip to Malawi how decisions made in banks, financial institutions and stock exchanges could potentially create an “Aids-free generation“. The...
Global Ethical Brokerage in Tunbridge Wells has developed a new initiative in the world of foreign exchange. Simon Roberts, its managing director, has created a ‘not...