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Read More »Currency ‘cartel’ traders on trial for chats that cost billions
Bloomberg The three British currency traders who were part of an exclusive online chat group referred to by members as “the cartel†go on trial this week for alleged market manipulation that’s already cost global banks $14 billion in penalties. The trio represented banks handling a major chunk of the $5.1 trillion-a-day currency market. The men are accused of rigging ...
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