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Barclays suspends currency traders
UK bank Barclays has suspended several traders as part of a probe into suggestions that currency markets could have been rigged, the BBC has learnt. The BBC's chief economics correspondent, Hugh Pym, said there was no suggestion of wrongdoing and that Barclays had declined to comment. On Thursday, Royal Bank of Scotland suspended two traders in connection with the investigation. The Financial Conduct Authority (FCA) probe is said to be at an early stage. Regulators around the world, including the UK's FCA, are investigating currency trading. Barclays, RBS, Citigroup, Deutsche Bank and UBS have all confirmed that ... (full story)
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