Forex probe barclays
NEW YORK A former Barclays Plc BARC. L trader pleaded guilty on Forex to U. Department of Justice said. Jason Katz, a former Barclays trader who later worked at BNP Paribas SA BNPP. PApleaded guilty in Manhattan federal court to participating in a price-fixing conspiracy, becoming the first person to admit criminal wrongdoing in the probe. Katz's plea came after Forex and three other banks last year pleaded guilty to conspiring to probe currency prices. Prosecutors said that from January until JulyKatz, while working at probe different financial firms, conspired with traders at other firms to fix prices in Central and Eastern European, Middle Eastern and African currencies. As part forex his plea deal, Barclays agreed to cooperate with the Justice Department in its ongoing investigation. He also reached an agreement announced by the Federal Reserve Board that would ban him from the banking industry. His lawyer did barclays respond to requests for comment. According to regulatory filings and his LinkedIn profile, Katz joined Barclays in July from Standard Bank, and worked in its New York offices until Septemberwhen he join BNP Paribas as director of emerging markets foreign exchange trading. AX barclays, according to his LinkedIn profile. He is the third person forex face U. In July, an HSBC Holdings Plc Forex. Johnson has pleaded not guilty. Beyond Barclays, the other banks that pleaded guilty in May forex the foreign-exchange probe included a unit of Citigroup Inc C. N and the Royal Bank of Scotland Group Plc RBS. A fifth bank, UBS Group AG UBSG. S forex, pleaded guilty to manipulating benchmark interest rates. All five banks are scheduled to barclays sentenced barclays Thursday in a federal court probe Connecticut. BRASILIA Brazil's Agriculture Ministry expressed surprise at the United States Department of Agriculture decision banning imports of fresh Brazilian beef, saying probe hopes to reverse the move through negotiations. Reuters is probe news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Learn more about Thomson Probe products:. All quotes delayed a minimum of 15 minutes. See here barclays a complete list of exchanges and barclays. 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 Polling Barclays Live: Technology Home Science Top Global Innovators Media Environment Innovation. Breakingviews Home Breakingviews Video. Money Barclays Retirement Lipper Awards Analyst Research Stock Screener Fund Screener. Forex Sports Arts Entertainment Oddly Enough. Pictures Home The Wider Image Photographers Focus Ex-Barclays trader pleads probe in U. Business News Wed Probe 4, 5: By Nate Raymond NEW YORK. Also In Business News. The Thomson Reuters Trust Principles. Next In Business News. From Around the Web Promoted by Revcontent. Photos of the week. Follow Us On Twitter Follow Us On Facebook Follow Us On RSS Follow Forex On Instagram Follow Us Probe YouTube Follow Us On LinkedIn. Feeds Newsletters Podcasts Apps. Reuters News Agency Brand Attribution Guidelines Careers. Learn more about Thomson Reuters products: Information, analytics and exclusive news probe 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 uncover barclays risks in 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 forex complex and ever-expanding tax and compliance needs. The industry leader for online information for tax, accounting and finance professionals.
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