Behind the Curtain

FX Firms’ Employees Helping FCA And FBI To Investigate Forex Probe

by Forex Rooton September 15, 2014 12:20 pm BST
Britain’s Financial Conduct Authority (FCA) and U.S. regulators are investigating allegations that dealers at major banks colluded and manipulated key reference rates in the $5.3 trillion-a-day foreign currency market, the world’s biggest and least regulated. Investigators from the U.S. Justice Department and Federal Bureau of Investigation (FBI) are preparing to seek criminal charges against individual […]

Government Warnings After JPMorgan’s Big Hacking News!

by Forex Rooton August 30, 2014 1:13 pm BST
Government officials and security experts have long warned of the possibility of cyber disruptions in the financial system and other essential services and utilities. Those concerns are heightened in times of conflict. Russia’s annexation of the Crimean peninsula touched off a wave of sanctions in March that have hurt trade and threaten to send President […]

Dubai’s First Forex World Congress (FWC) Announced; Be there

by Forex Rooton August 26, 2014 12:38 pm BST
25 August 2014 (Dubai) – A&C Events announce the first Forex World Congress (FWC) for online traders, investors and brokers, which will be held in Dusit Thani Hotel Dubai, on 4-5 December 2014. More than 2000 financial executives and specialists are expected to attend the event. The Forex World Congress will help attendees to discover […]

Standard Chartered Faces New Probe Over Money Laundering Controls

by Forex Rooton August 6, 2014 4:52 pm BST
Globally, Standard Chartered bank’s income fell 5 per cent to $9.26 billion and profit before tax fell 20% cent to $3.26 billion. Standard Chartered, which makes about three-quarters of its earnings in Asia, attributed the decline in first half profits to losses it incurred in Korea and declining revenue from financial markets. US regulators have […]