Bank of England suspends staffer in FX manipulation probe

New investigation launched by UK central bank into foreign exchange dealings

boe-court-room
The Court of the Bank of England

The Bank of England (BoE) has suspended a staff member following an internal review into allegations that it condoned or was aware of manipulation of the foreign exchange market and sharing of confidential client information.

The central bank declined to comment when asked for the identity of the staff member, and reiterated that it has yet to find any wrongdoing in the review.

Deputy governor Andrew Bailey revealed last month that the Bank launched an internal review in October into allegations

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