Commerzbank hires and suspends in FX
Traders on leave in London and New York at Commerzbank
Commerzbank has suspended two foreign exchange traders for attempting to manipulate exchange rates in February, but the matter is not directly connected to investigations into allegations of rigging FX benchmarks.
The two traders, based in London and Frankfurt, are understood to have been trying to tamper with the exchange rate of EUR/PLN. One was suspended in February and the other in May. The bank had already begun an internal investigation in January, after suspicious communications were
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