Swiss probe banks over foreign exchange market (9)

BBC 2014.03.31 10:37
Weko opened a preliminary investigation last October. Switzerland's competition commission is investigating possible manipulation of foreign exchange rates at several British, US and Swiss banks. RBS, Barclays, UBS, Credit Suisse, Zuercher Kantonal Bank, Julius Baer, JP Morgan and Citigroup are being probed by Swiss competition commission, Weko. "Evidence exists that these banks colluded to manipulate exchange rates in foreign currency trades," Weko said.
SCOTLAND, JULIUS, REGULATOR, BANK, MARKET, CURRENCY, Chase, Швейцария, USA