BOE Chief FX Dealer Fired as Probe Faults Non-Escalation
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The Bank of England fired its chief currency dealer a day before he was faulted in an independent investigation for failing to alert his superiors that traders were sharing information about client orders.
Martin Mallett was dismissed by the Bank of England yesterday for “serious misconduct relating to failure to adhere to the Bank’s internal policies,” according to a statement by the central bank today.