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Home > Switzerland probes banks over possible forex rigging

Switzerland probes banks over possible forex rigging

Submitted by cpowell on Fri, 2013-10-04 21:45 Section: Daily Dispatches

By Caroline Copley and Albert Schmieder
Reuters
Friday, October 4, 2013

ZURICH -- Switzerland's financial markets regulator is working with authorities in other countries to investigate possible manipulation in the $5 trillion-a-day foreign exchange market potentially involving multiple banks.

Regulators and investors are concerned about the integrity of financial benchmarks in the wake of a global investigation into the rigging of benchmark interest rates that has so far led to four financial firms, including Switzerland's largest bank, UBS, being fined around $2.7 billion and seven men being charged.

... For the complete story:

http://www.reuters.com/article/2013/10/04/us-swiss-probe-forex-idUSBRE99... [1]



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Source URL: https://gata.org/node/13096

Links
[1] http://www.reuters.com/article/2013/10/04/us-swiss-probe-forex-idUSBRE9930B420131004
[2] http://www.wwpmc.com
[3] http://www.gata.org/files/GATAInNewZealand.pdf
[4] http://gold.symposium.net.au/
[5] http://www.cambridgehouse.com/event/silver-summit-2013
[6] http://www.minesandmoney.com/
[7] https://jeffersoncompanies.com/landing/speakers?IDPromotion=61301161008000147&IDPromotionsListCode=61306131220005593
[8] http://www.goldrush21.com/order.html
[9] http://gata.org/tshirts
[10] http://gata.org/node/wallstreetjournal
[11] http://www.gata.org
[12] http://www.gata.org/node/16