“The foreign-exchange trading business was in upheaval across Wall Street as senior executives resigned and others were fired amid an expanding probe of possible currency manipulation. Benjamin Lawsky, superintendent of New York’s Department of Financial Services, asked more than a dozen firms including Deutsche Bank AG (DB),Goldman Sachs Group Inc. (GS) and Citigroup Inc. (C) for documents on their currency-trading practices. Deutsche Bank, the top foreign-exchange trader, fired four dealers after an internal probe, people with knowledge of the move said. Goldman Sachs lost two partners while Citigroup said its foreign-exchange chief will leave in March.”
Related posts:
French budget minister under probe for tax fraud
Robbery convict imprisoned 13 years later after cleaning up his life
A Shuffle of Aluminum, but to Banks, Pure Gold
Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says
China market: Third-party e-payments top CNY1.5 trillion in 3Q13
Feds: Cop Pulled Over Female Drivers To Look At Their Breasts
Swiss wildlife officer convicted of poaching 131 animals
Why Is Mexico Asking The U.S. Government For A Registry Of U.S. Gun Owners?
Houston passes law requiring photographs, fingerprints of gold sellers
OKC hospital posting surgery prices online, creating bidding war
Investigation to record victims of US drone attacks in Pakistan
Amid exploding wait times, California DMV operator slept 2,200 hours on the job
Pope Francis condemns ‘culture of individualism’ for economic inequality
Police officer accused of brutality, lying to FBI over baton beating
CNBC: So Gold Crashed. Now What?