Fixing scandal could become biggest crisis FX market has faced
More than 20 people have been suspended since end of last year
The past week has delivered yet another blow to the embattled ranks of the foreign exchange market as a result of continued investigations into alleged manipulation of the WM/Reuters currency benchmark. The Bank of England (BoE) has become the first central bank to suspend an employee in connection with allegations that it knew about and condoned improper trading practices around the 4pm London fix.
Across the banking industry, more than 20 have been suspended in what is fast becoming the
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