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Deutsche bank forex trader

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deutsche bank forex trader

NEW YORK Deutsche Bank has suspended deutsche head of its emerging markets deutsche exchange trading desk in New York in bank with ongoing investigations into the alleged manipulation of the global currency market, a source familiar with the matter said. Diego Moraiz, who has been with the bank since and has specialized in trading the Mexican peso, was told by the bank on December 18 that he was suspended, the source said. Moraiz's suspension came after an external consulting firm hired by Deutsche Bank examined emails and communications in chatrooms going back seven years, the source said. The specific reason for the suspension is unclear. Reuters couldn't determine which consulting firm had been retained. The source did not know whether Moraiz was still deutsche paid or when the investigation will be completed. Moraiz, who is from Argentina, remains in the United States, deutsche source said. The source spoke on condition of anonymity because the investigation is an internal bank matter and is continuing. Previously, a separate source had told Reuters that several Deutsche Bank currency traders had been suspended at the bank's New York office. The investigation by the consulting firm is ongoing, forex source said, and it is still sending questions to the forex traders around the world. Last year, Britain's Deutsche Conduct Authority began a formal probe into possible manipulation in the global foreign exchange trader. Justice Department is also engaged in an active investigation of possible manipulation of the market, the deutsche largest. Earlier this month, U. N London offices in connection with the investigation. A spokesperson for the Fed declined comment. While market manipulation isn't bank Fed's remit, it does have enforcement powers in safety and soundness matters, an issue raised by this investigation. The Office of the Controller of deutsche Currency and the U. Department of Justice both declined to comment. Benchmark foreign exchange rates, often referred to as fixes, are a trader of global financial markets, used to price trillions of dollars worth of investments and deals. They are relied on by companies, investors and central banks. Deutsche Bank has been the biggest FX trader in the world for forex years running, forex The bank previously said it trader received requests for information from regulatory authorities investigating trading in the foreign exchange market, and it is cooperating with these probes. It added that it will take disciplinary action with regard to individuals if merited. As a result of the investigation, Deutsche has restricted the use of chatrooms, another source familiar bank the issue said, only allowing conversations trader two participants and banning multi-party chats. Additional reporting by Douwe Miedema in Washington and Jamie McGeever in London; Editing forex Martin Howell and Ken Wills. NEW YORK General Motors Co has agreed to settle federal lawsuits by as many as plaintiffs over defective ignition switches bank its vehicles, a Friday court filing shows. Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's bank international multimedia bank agency, providing investing news, world news, business news, technology news, headline news, small business deutsche, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Learn more about Thomson Reuters products:. All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Markets European Markets Asian Markets Global Market Data Stocks Bonds Currencies Commodities Futures Funds Earnings Dividends. Special Reports Reuters Investigates Euro Zone Middle East China Japan Mexico Brazil Africa Russia India. Politics Home Bank Explorer Live: Technology Home Science Top Global Innovators Media Environment Innovation. Breakingviews Home Breakingviews Video. Money Forex Retirement Lipper Awards Analyst Research Stock Screener Fund Screener. Health Sports Arts Entertainment Oddly Enough. Pictures Home The Wider Image Photographers Forex Deutsche Bank suspends currency trader. Business News Thu Jan 30, 6: Trader headquarters of Deutsche Bank are pictured in Frankfurt October 29, By Forex Chavez-Dreyfuss NEW YORK. Also Forex Business News. The Thomson Reuters Trust Bank. Next In Business News. From Around the Trader Promoted by Revcontent. Photos of the week. Follow Us On Twitter Follow Us On Facebook Follow Us On RSS Follow Us On Instagram Follow Trader On YouTube Follow Us On LinkedIn. Feeds Newsletters Podcasts Apps. Reuters News Agency Brand Attribution Guidelines Careers. Learn more about Thomson Bank products: Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface. Everything you need to empower your workflow and enhance your enterprise data management. Screen for heightened risk individual and entities globally to help deutsche hidden risks trader business relationships and human networks. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The trader leader for online information for tax, accounting and finance professionals.

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