In her first meeting as Federal Reserve chair next week, Janet Yellen will put her stamp on policy by reaching for a favorite tool of central bankers: words intended to guide markets in the direction policy makers want.
Martin Chantree, a senior currency dealer at Lloyds Banking Group Plc, shared details of a pending bank order with a trader at BP Plc to the potential detriment of the bank, according to four people with knowledge of the matter.
U.K. prosecutors face criticism by a senior politician for not joining the global currency-rigging investigation, less than two years after a delayed start in the Libor probe earned them similar rebukes.
A senior currency dealer at Lloyds Banking Group Plc shared details of a pending order by his firm with a trader at another company to the potential detriment of the bank, according to four people with knowledge of the matter.
Bank of England Governor Mark Carney said the employee suspended last week was put on leave for potentially failing to escalate an issue and not because anyone there had turned a blind eye to currency manipulation.
Analysts have increased their year- end forecasts for the pound against the dollar to the highest in more than two years amid speculation the Bank of England will increase interest rates before the Federal Reserve.