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Bank of England probes whether staff helped rig money auctions
Caroline Binham and Patrick Jenkins
Financial Times, London
Friday, November 21, 2014
The Bank of England has opened a formal investigation into whether its officials knew of -- and even facilitated -- the possible manipulation of auctions designed to inject money into the credit markets to alleviate the financial crisis.
The probe, which started in the summer, has been revealed just a week after the UK central bank published a report that criticised its own response to the foreign exchange rigging scandal. ...
... For the remainder of the report:
http://www.ft.com/intl/cms/s/0/4709a00e-71a4-11e4-b178-00144feabdc0.html...
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