Skip to main content


January 16, 2014

Deutsche Bank suspends traders amid global forex probe

The global investigation into the manipulation of foreign exchange markets intensified on Wednesday when Deutsche Bank, the world’s largest forex trader, became the latest bank to suspend several of its employees.

Deutsche, the world’s most powerful bank in foreign exchange trading, put several middle-ranking traders in New York and other locations in the Americas on leave late last year, people close to the situation said.

The move comes after it examined emails and communications amid a global probe into possible manipulation and collusion in the $5.3tn a day currency market.

Banks’ internal probes, initiated by several regulators in Europe and the US with help from Asian authorities, have so far led to to more than a dozen traders across the world’s largest lenders fired or suspended.


Read full Financial Times article here

In the News


For media inquiries, please contact us at or 202-618-6433.

Contact Us

For media inquiries, please contact or 202-618-6433.

To sign up for our email newsletter, please visit this page.

This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact or 202-618-6433.


Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today