Barclays, Britain's second-largest bank, revealed on Wednesday that it was the subject of an investigation by regulators in Britain and elsewhere over "possible attempts to manipulate certain benchmark currency exchange rates."
The bank said it was cooperating with the investigation. Barclays spokeswoman Aurelie Leonard declined to comment today on reports by the BBC, the Financial Times and other outlets that the bank had suspended traders.
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The investigation is the latest bad news for Barclays, which overhauled its top management after being fined $453 million for manipulating a key global interest rate and other wrongdoing.
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