Bank of England suspends staff member in FX probe

BoE yet to find evidence of collusion or direct manipulation

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.

While the central bank has denied any wrongdoing following this review, it has suspended a staff member, whose identity remains unknown. The BoE declined to comment when asked on the identity of the staff member.

Deputy governor Andrew Bailey revealed last month that the

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