BOE Chief Dealer Fired After 20 Internal-Policy Violations

The Bank of England’s chief currency dealer was dismissed after at least 20 violations of the institution’s internal policies were unearthed amid a review into whether central bank staff knew about currency rigging.

Martin Mallett was fired in November for breaching BOE policies on confidentiality and information technology, Governor Mark Carney said Tuesday. They were uncovered during an investigation into allegations central bank staff knew currency traders shared private client information with counterparts at other firms to rig key foreign-exchange benchmarks.