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If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the BBC website. However, you can change your cookie settings at any time. The Bank of England's oversight committee has appointed Lord Grabiner to investigate any role by bank staff in foreign exchange rate manipulation.

The QC will carry on the work started by law firm Travers Smith to decide if any Bank officials manipulated the forex market between and He will also ask if officials were aware of manipulation, or colluded with market participants in manipulation. Depending on the results of the investigation, the oversight committee may request recommendations to improve processes and procedures within the Bank.

Sir David Lees, Chairman of Court and of the Oversight Committee said: It comes a day after Bank Governor Mark Carney told MPs on the Treasury Committee that it would create a new deputy governor position with responsibility for markets and banking. He said the person would carry out "a root and branch review" of how the Bank conducts market intelligence.

Mr Carney told the committee that he first became aware of allegations on 16 October, and that within 48 hours the Bank had called in Travers Smith to conduct an independent investigation.

Lord Grabiner - a commercial lawyer and head of chambers at One Essex Court - will be supported in his probe by Travers Smith. France cuts its budget deficit target for this year and signals that the economic recovery is gathering pace. Tuesday's devastating attacks in Brussels show IS's European network is still at large, despite a year of intensive efforts by security forces to close it down.

The four-year-old boy who has become the centre of a controversy between India and Pakistan - and between his father and mother.

Corporate Japan is exploring a revamp of its reward and compensation system which traditionally benefits only senior exercise of nonqualified stock options amt. Would you run for 13 hours to charge cara belajar forex untuk pemula phone?

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BBC navigation News Sport Weather Shop Earth Travel Capital Culture More… Search term: Regulators are concerned alleged forex manipulation could become the latest banking scandal. Continue reading the main story Related Stories Forex scandal: How to rig the market How might forex market be rigged?

Forex scandal: How to rig the market - BBC News

More on This Story. How to rig the market. How might forex market be rigged? From forex daily range news sites The Independent The Business Matrix: Thursday bollinger bands divergence March 7 hrs ago Yahoo!

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SFO drops probe into price-rigging in foreign exchange - BBC News

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