Forex scandal

 

Mr. Nash was a British pound forex trader at the RBS and was suspended in the beginning of the investigation process in October last year. As part of a settlement procedure involving a number of banks which allegedly engaged in foreign exchange rates rigging, RBS parted with $ million last November after paying fines to US and UK .

Let Us Know Found a mistake? The behavior occurred daily in the spot foreign-exchange market and went on for at least a decade according to currency traders. Multiple users in instructions per currency can be maintained and are accessible via a simple drop-down box.

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The Royal Bank of Scotland trader arrested last month as part of the Serious Fraud Office’s investigation into alleged rigging of the $5tn .

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