US to charge 3 traders in forex rigging probe

By REUTERS
January 10, 2017 16:56

 
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NEW YORK, Jan 10 (Reuters) - The US Justice Department is set to bring charges on Tuesday against three ex-traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a probe into the manipulation of foreign-exchange prices at major banks, a person familiar with the matter said.

Richard Usher, formerly of JPMorgan, Rohan Ramchandani, formerly of Citigroup, and Chris Ashton, formerly of Barclays, are expected to face criminal charges in a case filed in federal court in New York, the person said.

The expected charges were first reported by Bloomberg News.

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