Forex scandal bloomberg

Forex scandal bloomberg

Posted: Ksusha Date: 14.07.2017

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Societe Generale SA fired a currency trader for allegedly cheating a client after the bank said it discovered the incident during an internal investigation into the global foreign-exchange manipulation scandal.

The Real Revo | A High Capacity Assault Blog

Now, the former employee is suing for unfair dismissal. Societe Generale, in its own American court filings, rejected allegations that it participated in any conspiracy related to FX rates.

Botbol also allegedly told the other trader in a chat that he could always pretend he made a typo mistake if the client realized there was a problem.

Bensoussan said her client had always been seen as a model employee by Societe Generale right up until he was fired for remarks made in chats that gave a bad image of the bank. Botbol was quizzed by lawyers in May and June , and was dismissed in early Bankers routinely turn to specialist labor courts throughout Europe to recoup lost bonuses and rehabilitate tarnished reputations, with varying degrees of success.

forex scandal bloomberg

In the Paris case, which was filed in , Judge Thierry Delmotte said a ruling would be announced March Bloomberg Anywhere Remote Login Software Updates Manage Contracts and Orders. Facebook Twitter LinkedIn Instagram. About The Company Bloomberg London. Global Startups Bloomberg Technology TV Gadgets With Gurman Digital Defense Studio 1.

Citibank to pay Rm in rand rigging scandal | Fin24

Latest Issue Debrief Podcast Subscribe. Climate Changed Video Series: Ventures Graphics Billionaires Game Plan Small Business Personal Finance Inspire GO The David Rubenstein Show Sponsored Content.

BEE group to lay charges against banks over forex fixing scandal

SocGen Sued by Ex-Banker It Accused of Cheating on FX Trade By Gaspard Sebag gaspardsebag More stories by Gaspard Sebag. Bank says ex-trader Botbol dismissed for 3 cases of misconduct.

SocGen says Botbol bragged to BNP, Morgan Stanley bankers. Your cheat sheet on life, in one weekly email.

Get our weekly Game Plan newsletter. Before it's here, it's on the Bloomberg Terminal. Careers Made in NYC Advertise Ad Choices Website Feedback Help.

inserted by FC2 system