CFTC Tells Deutsche Bank, Citigroup To Check Records For Currency Manipulation


News: US regulator Commodity Futures Trading Commission (CFTC) has told a number of lenders to examine their records for possible evidence of manipulation of currency markets, according to unnamed sources cited by The Wall Street Journal. Sources claimed that lenders including Deutsche Bank and Citigroup had been ordered to find and hand over any documents or records that indicated any wrongdoing. Deutsche Bank specifically is understood to be spending millions of dollars checking traders' emails and chat logs for any evidence of manipulation.

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Geography: United States

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