BNP Paribas faces quiz on currency rate scandal

BNP Paribas is being investigated for alleged currency manipulation, the Telegraph can disclosed, putting the French bank amongst a rapidly growing number of institutions caught up in the scandal.

The US Department of Justice has quizzed BNP Paribas executives as part of an investigation into the potential manipulation of a $5.3 trillion-a-day (£3.32 trillion) market, which could have affected the value of people’s savings and pensions.

 

continue reading at telegraph.co.uk

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