14Jun

Forex Rates Might Come Under Global Regulator Scrutiny

Forex rates might be brought under a global regulator’s purview, amid concerns over the recent benchmark-rate setting scandal, reports Bloomberg.

Traders at some of the world’s leading banks have reportedly engaged in manipulative practices to rig forex rates. The banks’ employees have been accused of rigging WM/Reuters rates before and during . . .

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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