“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.“

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