The culture of foreign exchange market has changed significantly, but problems persist with the market that make it susceptible to further transgressions.
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Articles on Forex manipulation
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“Oh what a tangled web we weave. When first we practice to deceive”. Sir Walter Scott’s comment could have been made about the LIBOR and foreign exchange (forex) scandals engulfing the world’s largest…
The biggest open secret in the financial world has been confirmed. Regulators in the UK, the US and Switzerland have announced massive fines for some of the world’s largest banks for a manipulation of…
Politicians and regulators in charge of our foreign currency markets can’t see the wood for the trees. Even the banks themselves recognise allegations the world’s largest financial market has been rigged…
In the latest big scandal to hit the banking sector, regulators around the world are investigating whether foreign exchange markets have been rigged. At least seven major banks have been caught up in the…
