RBS suspends two FX traders as FX rigging saga continues, this time concerning emerging market currencies LeapRate

February 25, 2015 BY Andrew Saks-McLeod

RBS suspends two FX traders as FX rigging saga continues, this time concerning emerging market currencies

The conclusion by global regulators in November last year which resulted in six banks paying $4.3 billion in fines for their part in FX benchmark manipulation has not ended the banks' woes as regulatory authorities in the US and UK are now investigating major financial institutions for rigging emerging market currencies

January 13, 2015 BY Andrew Saks-McLeod

RBS still profitable despite £6 billion impact on revenues due to fines

Analysts at JP Morgan have predicted that the taxpayer-owned financial institution faces the biggest remaining bill for misconduct of the major UK banks, more than six years after its £45 billion bail-out, however profit continues to be strong

November 26, 2014 BY Andrew Saks-McLeod

HSBC under scrutiny again as allegations over leaking of info to hedge fund emerge

Following the closing of the FX rate manipulation case against six banks, US law enforcers are turning their attentions to employees who divulge customer information to other parties

Tag: fines