Barclays reaches $150M settlement with New York DFS in relation to Forex investigation LeapRate

November 18, 2015 BY Maria Nikolova

Barclays reaches $150M settlement with New York DFS in relation to Forex investigation

Barclays PLC (LON:BARC) has just announced that it has reached a settlement with the New York State Department of Financial Services (DFS) in respect of the regulator's investigation into the bank's electronic trading of foreign exchange (FX) and FX electronic trading systems. The probe concerns a five-year period – from 2009 to 2014. The New…

May 20, 2015 BY Maria Nikolova

Citigroup to pay $1.66bn to settle US FX investigations, class action

The financial services giant has reached a settlement with DoJ and the Fed, along with an agreement to settle a private class action in the US.

April 10, 2015 BY Mike Fox

UBS’s sale of Forex investment products under investigation

Securities arbitration law firm Dimond Kaplan & Rothstein is investigating whether UBS misled investors in the marketing and selling of the complex V10 product and other currency and foreign-exchange transactions.

October 08, 2014 BY Mike Fox

Charges coming in FX rigging probe from USA...

Bloomberg is reporting today that prosecutors from the United States are pressing to bring charges against a bank for Forex rate rigging by the end of this year, and actions against individuals will probably follow in 2015, this is according to people familiar with the probe, no one cited by Bloomberg as the story is…

August 27, 2014 BY Mike Fox

FX cartel? British competition watchdog joins probes of Forex market

Reuters and the Wall Street Journal are reporting that the UK Competition and Markets Authority (CMA) has become the latest regulator to investigate the global foreign exchange market following allegations of rigging, the Wall Street Journal in particular reported on Tuesday, citing two people familiar with the matter. The antitrust watchdog recently shared information relating…

Tag: Forex investigation