The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of The global investigation into the manipulation of foreign exchange markets intensified on Wednesday when Deutsche Bank, the world’s largest forex trader, became the latest bank to suspend several UBS and Deutsche Bank confirmed they were cooperating with regulators probing alleged rigging in the $5.3 trillion-a-day foreign exchange market, with UBS saying it had taken "swift action" to The banking conglomerate with significant market share of Foreign Exchange volumes through its Institutional FX dealing business lines, Deutsche Bank AG, has reportedly fired three FX traders in New York amid ongoing Forex investigations by global regulators that has drawn some of the largest dealers into the massive probe of alleged rate manipulation, according to news broken by Reuters, citing sources familiar with the firings. Deutsche Bank AG, Credit Suisse and Credit Agricole SA are targeted by an EU probe into a suspected cartel for trading of U.S. dollar supra-sovereign, sovereign and agency bonds via online
Jun 20, 2018 Jun 20, 2018 Deutsche Bank Settles New York Forex Probe for $205 Million Deutsche Bank AG agreed to pay $205 million to settle a long-running investigation of its foreign exchange trading by New York’s banking superintendent, resolving one of several remaining regulatory issues that have dogged the bank … Apr 10, 2014
Deutsche Bank also cooperated with the investigators of the forex scandal, providing information required. By June 2014, UBS, Standard Chartered, RBS, Lloyds, JP Morgan Chase, HSBC, Deutsche Bank, Citigroup, Barclays, Bank of England, had either fired, suspend or sent on leave at least forty forex employees. Dec 20, 2014 · The probe also found "control deficiencies " at the 10 banks but primarily at Bank of America, Citibank, Deutsche Bank, HSBC, JPMorgan Chase and RBS. SCMP Today: HK Edition Get updates direct to UBS and Deutsche Bank confirmed they were cooperating with regulators probing alleged rigging in the $5.3 trillion-a-day foreign exchange market, with UBS saying it had taken "swift action" to UBS and Deutsche Bank confirmed they were cooperating with regulators probing alleged rigging in the $5.3 trillion-a-day foreign exchange market, with UBS saying it had taken "swift action"; to Mar 21, 2017 · The DoJ’s mothballing of its Deutsche probe comes after another US regulator, the Commodities Futures and Trading Commission, dropped its own investigation into the German bank’s currency activities in October. But “other regulatory and law enforcement agency investigations… remain pending,” the bank noted in its report.
The economic crimes unit at the Frankfurt Prosecutor's Office also fined Deutsche Bank 13.5 million euros ($15.9 million) for being slow to report suspected money laundering in more than 600 cases. Dec 11, 2014 · Deutsche Bank spokeswoman Renee Calabro declined to comment, but cited an earlier statement on the probes. "Deutsche Bank has received requests for information from regulatory authorities that are The case related to a whistleblower's claims that Danske had handled 200 billion euros in suspicious payments from Russia and other ex-Soviet republics between 2007 and 2015 - the bulk of which were processed by Deutsche Bank. Deutsche Bank, which broke off its relationship with Danske in 2015, has consistently denied wrongdoing. Nov 29, 2018 · Deutsche Bank's head office and other locations in Frankfurt were raided by 170 police officers and tax investigators on Thursday as part of a money laundering probe. Jan 16, 2014 · News of the stepping-up of the investigation came on the day Deutsche Bank suspended several currency traders in New York as part of an internal probe into the alleged scandal which is now being Mar 06, 2014 · FOREX: Bank of England suspends employee after forex probe The Bank of England has suspended one of its employees in connection with an investigation into whether the Bank helped traders manipulate foreign exchange rates, or were aware of the practice.
Apr 10, 2014 · Deutsche Bank, Germany's biggest lender, has suspended a top saleswoman in an investigation into suspected foreign exchange rate manipulation, the Wall Street Journal reported on Thursday. NDTV May 16, 2019 · Deutsche Bank AG, Credit Suisse and Credit Agricole SA are targeted by an EU probe into a suspected cartel for trading of U.S. dollar supra-sovereign, sovereign and agency bonds via online May 17, 2011 · Forex Trading with dbFX dbFX brings Deutsche Bank's expertise in foreign exchange to individuals and small institutions. Clients have access to world-class pricing, research and execution in a single state-of-the-art FX trading platform tailored to their needs. Barclays, Citigroup, Deutsche Bank, HSBC, JPMorgan Chase, Lloyds, RBS, Standard Chartered, UBS and the Bank of England as of June 2014 had suspended, placed on leave, or fired some 40 forex employees. Citigroup had also fired its head of European spot foreign exchange trading, Rohan Ramchandani. Deutsche Bank also cooperated with the investigators of the forex scandal, providing information required. By June 2014, UBS, Standard Chartered, RBS, Lloyds, JP Morgan Chase, HSBC, Deutsche Bank, Citigroup, Barclays, Bank of England, had either fired, suspend or sent on leave at least forty forex employees. Dec 20, 2014 · The probe also found "control deficiencies " at the 10 banks but primarily at Bank of America, Citibank, Deutsche Bank, HSBC, JPMorgan Chase and RBS. SCMP Today: HK Edition Get updates direct to UBS and Deutsche Bank confirmed they were cooperating with regulators probing alleged rigging in the $5.3 trillion-a-day foreign exchange market, with UBS saying it had taken "swift action" to