Suspended traders prepare to fight back

Details of suspensions suggest some traders have been put on leave too hastily

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Traders suspended as a result of the global regulatory probe into foreign exchange markets are preparing for a fight to clear their names, as evidence related to their suspensions becomes clearer – and details suggest in some cases the disciplinary action might have been unwarranted, a source familiar with the matter told FX Week.

One senior trader put on leave earlier this year was subjected to a 10-hour interview, with one bank's lawyers going through transcripts from chat messages and emails

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