27 Jan '13, 9pm

Exclusive: Bank probes find manipulation in Singapore's offshore FX market - source: SINGAPORE (Reuters) - Inter...

SINGAPORE (Reuters) - Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market , according to a source with knowledge of the inquiries. The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny and spurs both regulators and institutions to reconsider how certain key interest and currency rates are set. The probes found evidence showing that traders from several banks communicated with each other over electronic messaging about what rates they were going to submit for the local banking association's fixings for non-deliverable foreign exchange forwards (NDFs), aiming to benefit their trading books. "Traders were talking to traders, saying: 'I need you to help me today, I need to fix low,'" said the bank source, who ask...

Full article: http://news.yahoo.com/exclusive-bank-probes-manipulation-...

Tweets

Exclusive: Bank probes find manipulation in Sin...

news.yahoo.com 28 Jan '13, 12am

SINGAPORE (Reuters) - Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates...

Exclusive: Bank probes find manipulation in Sin...

reuters.com 27 Jan '13, 9pm

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

Exclusive: Bank probes find manipulation in Sin...

foxbusiness.com 27 Jan '13, 9pm

SINGAPORE – Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the of...

Exclusive: Bank probes find manipulation in Sin...

reuters.com 27 Jan '13, 9pm

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

Exclusive: Bank probes find manipulation in Sin...

reuters.com 27 Jan '13, 9pm

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

Exclusive: Bank probes find manipulation in Sin...

reuters.com 28 Jan '13, 12am

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

Exclusive: Bank probes find manipulation in Sin...

reuters.com 28 Jan '13, 12am

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

Exclusive: Bank probes find manipulation in Sin...

reuters.com 28 Jan '13, 12am

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

Exclusive: Bank probes find manipulation in Sin...

reuters.com 28 Jan '13, 12am

In Singapore, benchmark rates for both interbank lending and certain NDFs are set by panels of banks organized by the ABS....

'Manipulation in Singapore's offshore forex mkt': Internal reviews by banks in Singapore have found eviden... #News

'Manipulation in Singapore's offshore forex mkt...

economictimes.indiatimes.com 27 Jan '13, 11pm

SINGAPORE: Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the off...

Bank probe finds manipulation in Singapore’s offshore FX market, says source: SINGAPORE, Jan 28 — Internal revie...

Bank probe finds manipulation in Singapore’s of...

themalaysianinsider.com 27 Jan '13, 11pm

The discovery widens a global lending rate scandal into new markets. SINGAPORE, Jan 28 — Internal reviews by banks in Sing...

Singapore Offshore Forex Manipulation Found: In...

foxbusiness.com 29 Jan '13, 5am

Internal reviews by banks in Singapore turned up evidence that traders in the offshore foreign exchange market colluded to...

Bank Probes Find Manipulation in Singapore's Of...

cnbc.com 27 Jan '13, 11pm

Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore forei...

Singapore's Crowdonomic launches to help startups raise money. But how viable is #crowdfunding as a source of #funds?

Singapore's Crowdonomic launches to help startu...

e27.sg 28 Jan '13, 8am

Crowdonomic, the latest crowdfunding site from Singapore, launches to help startups raise money. But how viable is crowdfu...

As now covering #bitcoin threat to central bank model, check out 2 years of #KeiserReport coverage

As now covering #bitcoin threat to central bank...

bloomberg.com 28 Jan '13, 5pm

U.S. Stocks Little Changed Amid Economic Data, Earnings Watchdog Says U.S. Treasury Failed to Curb AIG, GM Pay Berkshire S...