Thursday, January 23, 2014

Bloomberg: Banks assist regulators in FX probe

Libor, ISDAfix, FX, it all becomes one big blur.  Bloomberg today reports that cooperation agreements that banks entered into with regulators to settle Libor are now providing regulators with evidence as they investigate the FX manipulation.  Could these agreements reach other potential manipulation in the oil and gold markets?  http://www.bloomberg.com/news/2014-01-23/banks-aid-u-s-forex-probe-fullfilling-libor-accords.html

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