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Currency Trading

More Bad News For This Big Bank

AP | JILL LAWLESS | Posted 01.23.2014 | Business

LONDON — LONDON (AP) — The BBC, the Financial Times and other outlets say Barclays bank has suspended six traders amid an investigation into w...

Traders Manipulated Currency Rates To Profit Off Clients

The Huffington Post | Mark Gongloff | Posted 06.12.2013 | Business

To the long and growing list of global markets subject to wanton manipulation by traders, including interest rates, derivatives, gold and oil, we can ...

SEC Probing Whether Banks Overcharged Customers For Trades

Posted 07.24.2011 | Business

The Securities and Exchange Commission (SEC) is probing whether two major banks made proper representations to pension-fund clients about how thei...

State Pension Funds May Have Been Overcharged By Banks For Trades

Posted 05.25.2011 | Business

Prosecutors assisted by whistleblowers are widening an investigation into whether banks overcharged public pension funds in the United States by t...

Currency Trading Explodes: "Traders Can Gamble On The Euro For The Price Of A Cup Of Coffee In Starbucks," Warns Analyst

guardian.co.uk | Patrick Collinson | Posted 05.25.2011 | Business

A fall in the cost of speculating in currencies is allowing hedge funds to make multimillion-pound bets against the euro "for just the price of a cup ...