February 25, 2015 BY Andrew Saks-McLeod

RBS suspends two FX traders as FX rigging saga continues, this time concerning emerging market currencies

The conclusion by global regulators in November last year which resulted in six banks paying $4.3 billion in fines for their part in FX benchmark manipulation has not ended the banks' woes as regulatory authorities in the US and UK are now investigating major financial institutions for rigging emerging market currencies

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