HSBC interim management statement shows $378 million set aside to appease the FCA

In anticipation of administrative penalties which could potentially be applied to major banks as a result of the global investigation into FX benchmark fixing, HSBC makes provisions in its Q3 2014 interim statement. Could US firms face class action lawsuits, criminal proceedings whilst British firms settle in advance?

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B-next launches analysis tool for forex trading

CMC:Benchmark Fixing Analysis is a comprehensive solution for market abuse and insider trading surveillance of the FX market that will assist firms in meeting the needs of regulators globally.

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