Tuesday, April 1, 2014

Reuters: 30-some currency traders globally placed on leave, suspended or fired

Reuters reports on the latest casualty from internal investigations at banks relating to the alleged FX manipulation scandal.  While Kai Lew, Deutsche Bank's FX sales director is the first known female to be put on leave, the more interesting number is the tally by Reuters that there are 30-some traders globally who have had administrative action taken against them.  By my count people have been laid off, suspended or terminated on at least 3 if not 4 continents across the major banks.  The reporters over at WSJ have compiled a list for those who want to track.  

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