New Evidence Suggests Bank of England Aware of Market Manipulation

New evidence is surfacing that points to the Bank of England (BoE) potentially approving of large banks sharing details of client trade positions. The charges, first revealed in a Reuters report, are at the center of the global market manipulation probe. Bank of England meeting described in chat room text At issue is a 2012 meeting between currency dealers and the UK’s central bank. In a later conversation that took place in a foreign exchange chatroom, a senior currency dealer who attended the Bank of England meeting said that central bankers had agreed there are “advantages to sharing client order information…