On Air Now
BBC Newshour Extra

BBC Newshour Extra

12:10 p.m. - 1 p.m.
Follow WRS on Facebook, Twitter, and Instagram.
Listen Live
Just Played
BBC News

BBC News

1 p.m. - 1:06 p.m.
 
Next on WRS

Credit Suisse pays US fine to end forex investigation

National News // Nov. 15, 2017

Credit Suisse has agreed to pay USD125m as a fine to US authorities following an investigation into how the bank set foreign exchange rates.

Pixabay Credit Suisse pays US fine to end forex investigation

The figure was agreed in a settlement negotiation.

The fine now ends an investigation by New York State which had been looking into manipulated exchange rates.

Credit Suisse says it’s satisfied the issue is now closed and says it will put in place more checks and stricter rules governing exchange rate setting. 

Related articles

Search