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By Karen Freifeld, David Henry and Steve Slater (Reuters) - Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and.

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Already hammered by their role in the 2008 financial crisis and the rigging of the key bank rate LIBOR, the global banking sector looks set to take another.A t least a dozen large banks from the US and Europe have come under scanner in a global regulatory probe into suspected manipulations in forex markets.

In a crackdown on currencies traders, financial institutions including Royal Bank of Scotland (RBS.L), Deutsche Bank (DBKGn.DE) and UBS UBSN.VX are.Probes by federal and state authorities are ongoing over how banks used electronic forex trading.HSBC, Royal Bank of Scotland, UBS, JP Morgan and Citigroup have all been penalised for their role in rigging the global foreign exchange market.

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Like other global banking behemoths such as Deutsche Bank AG.Subscribe Subscribed Unsubscribe 10 10. forex trading online bank algorithm quant trend changes weekly.Britains financial regulator has intensified talks with six major banks over allegations of. 4 Other Banks About Settling Forex Probe: Report.The bank also became the latest to admit that it was the subject of an.

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SA regulators are once again digging into alleged forex manipulation by a group of local banks.Banks Are Set to Settle Probes Into Forex Trading. a partner at London law firm Brown Rudnick LLP.According to regulatory filings made with the U.S. Securities and Exchange Commission (SEC), Bank of America is the latest bank drawn into the evolving Forex probe.


Welcome to Prophecy Forex- below you will find our most recent posts.Deutsche Bank has suspended several traders in relation the international probe into possible forex-rate rigging, media reports say Wednesday.

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Forex Bank Manipulation - The Truth About It - Stop The Whinging And Start Playing Properly - Duration: 2:22.

Deutsche Bank manager suspended in forex probe. Deutsche Bank,.

Kevin McCoy , USA TODAY 7:30 p.m. CST November 3, 2014

Forex Probe. May, 2015. May 19. South Africa Competition Commission probes bank Forex traders for price fixing. 6:08 pm No Comments.Shares in Royal Bank of Scotland (RBS) edged one per cent lower today after it emerged it has suspended a further two employees amid an investigation.

Yet another dark cloud is looming over global banks as officials examine their behavior in the massive foreign exchange market, threatening to deal a new blow to.