US Federal Reserves fines BNP Paribas $246mn for foreign exchange fixing
Video     Photos     Pakistan     World     Islam     Health     Crime     Islamic News     Business     Society     India     Travel     Middle East     Sport     sci/tech      Contact      RSS
Search
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)

brecorder
4 months ago

US Federal Reserves fines BNP Paribas $246mn for foreign exchange fixing

WASHINGTON: The Federal Reserve announced Monday it was fining BNP Paribas $246 million for unsafe and unsound practices in its foreign exchange markets. The regulator said it found deficiencies in the bank s oversight and internal controls of its traders, and in particular failed to detect and address those traders use of electronic chatrooms to talk

Read More

Read on the original site


Hashtags:   

Federal

 | 

Reserves

 | 

fines

 | 

BNP

 | 

Paribas

 | 

246mn

 | 

for

 | 

foreign

 | 

exchange

 | 

fixing

 |