“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:
The Trump Laptop Ban and What It Means for Air Travel
Government claims small gold miners won't be affected by mercury ban
Get used to driving at 40mph, says top UK highways official
Lawyers to challenge U.S. ‘No Fly’ list in federal court in Oregon
Hong Kong's first bitcoin shop opens in Sai Ying Pun
How We Got Busted Buying Drugs On Silk Road's Black Market
Gangs Ruled Prison as For-Profit Model Put Blood on Floor
Democrats Retreat on Civil Liberties in 2012 Platform
France’s interior minister says Syria militants pose national security threat
U.S. Admits For First Time It Used NSA Surveillance in Criminal Case
Israel taking steps to mobilize up to 75,000 reservists
Could the Government confiscate your gold?
Australia Stock Market Set to Shrink on Foreign Takeovers, Rocket Higher
Kerry: Arab countries offered to pay for Syria invasion
Call of Duty loser calls in SWAT team hoax on kid who beat him