Sentence examples for currency rigging from inspiring English sources

As recently as May, Barclays paid a combined £1.53bn in settlements over currency rigging.

The US Justice Department, which actually has the power to put people in jail, has opened criminal investigations into the currency rigging.

Real inflation may be bumbling along at zero but fine inflation has soared as banks get hammered over everything from interest rate and currency rigging to money laundering and insurance mis-selling.

At the time it launched the forex investigation in 2014, more than 20 individuals had either been suspended or fired from financial institutions during the global investigation into currency rigging.

In the £1bn that UK banks have set aside for currency rigging offences, RBS and Barclays have both included estimates for penalties from other authorities and HSBC warned that the coordination between regulators was "limited" – indicating it could face further fines from other regulators.

Already hit by a £390m fine for rigging Libor and in discussions with regulators over an investigation into potential currency rigging, the bank has been forced to hold more capital by the Bank of England because of the possibility of further fines, MPs were told by Robin Budenberg, the outgoing chairman of UK Financial Investments (UKFI).

If they do not, they should risk accusations that they are manipulating their currencies, rigging trade and unfairly exporting unemployment.

While Santoro remained in jail for five months awaiting bail, Grimm continued working on Wooden Nickel, which culminated in dozens of arrests for rigging currency trades and defrauding investors.

HSBC warned it was braced for a $378m£237m7m) penalty for rigging currency markets, taking the total amount set aside by Britain's banks over the scandal to more than £1bn.

And last year, it paid a $618m settlement to regulators in connection with traders' attempted rigging of currency rates.

The latest guilty pleas and fines revolve around rigging foreign currency exchange that prosecutors said lasted from December 2007 to January 2013.