Six RBS Traders Could Be Punished In Forex Probe

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Six RBS Traders Could Be Punished In Forex Probe

Six RBS Traders Could Be Punished In Forex Probe

(Reuters) – Six Royal Bank of Scotland employees could face disciplinary action as part of an inquiry into failings in its foreign exchange trading, the state-backed British lender said on Tuesday. RBS launched an internal review into its FX activities after it was one of six banks fined a combined $4.3 billion last month for failing…

According To Jim Chanos, This Is The Biggest Story No One Is Talking About

Jim ChanosWhen a liquidity crisis struck China's Evergrande Group in the summer of 2021, it shook the global markets. Debt payments by China's second-largest property developer by sales were estimated in the hundreds of billions of dollars, and the company missed several payments. Those missed payments led to downgrades by international ratings agencies, but the Chinese Read More

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