Barclays Pays $50M To Settle NY Forex Markets Rigging Claims
Barclays Pays $50M To Settle NY Forex Markets Rigging Claims – Law360
Barclays PLC has agreed to pay $50 million to settle claims that it misused a system intended to block unprofitable foreign exchange trades as a way to boost the bank’s profits while hurting clients, according to court documents filed Wednesday in New York federal court.
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Ex-Rabobankers Denied Acquittal, New Trial In Libor Scam
Ex-Rabobankers Denied Acquittal, New Trial In Libor Scam – Law360
A New York federal judge denied acquittal or a new trial Wednesday for two former Rabobank traders convicted of conspiracy and wire fraud in connection with a scheme to manipulate Libor, rejecting arguments their submissions to the global benchmark weren’t misstatements intended to cause harm.
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Offshore Yuan Forwards Show Bears’ Confidence has been Shaken
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Offshore Yuan Forwards Show Bears’ Confidence Has Been Shaken – Bloomberg Global investors are winding in bets on a yuan devaluation as a dollar rally reverses at the same time as China strengthens support for its currency.
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Speculators Slash Net U.S. Dollar Longs to Lowest in 1-1/2 Years
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Fed’s Yellen Sticks to Her Guns as Global Market Rout Worsens
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European Regulators Push Mifid II Deadline Back to 2018
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Currency Markets Braced for Janet Yellen’s Words
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JGB 10-Year Yield Drops Into Negative For First Time as Nikkei Tanks
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FXPA Unveils New Officers, Board Members
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High-Frequency Trader Warns of Potential Market ‘Catastrophe’
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