All foreign exchange trading articles
The European Commission fined HSBC, Credit Suisse, Barclays, and NatWest a total of €344 million (U.S. $389 million) for their participation in a trader-driven scheme to manipulate the foreign exchange spot market. UBS was not fined after first reporting the scheme.
Inside, Standard Bank shares its perspective on how Africa’s fintech culture has transformed the continent's foreign exchange trading landscape, and how the bank is adjusting as well.
The Department of Justice has charged the former head of Barclays Capital’s New York foreign exchange trading operation in an indictment for his alleged role in a scheme to defraud a client of Barclays through a method commonly referred to as “front-running.”