Traders Said to Manipulate Currency Rates

June 12 (Bloomberg) -- Bloomberg's Liam Vaughan discusses allegations that the world's biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments. Employees have been front-running client orders and rigging WM/Reuters rates by pushing through trades before and during the 60-second windows when the benchmarks are set, said current and former traders, who requested anonymity because the practice is controversial. Vaughan speaks with Francine Lacqua and Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)

Full Show: Bloomberg Businessweek (03/24)
17:00 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
  • S&P 500 Winners and Losers for 03/24
  • Full Show: Best of Bloomberg Markets Middle East (03/24)
  • How to Trade the Health Care Select Sector SPDR Fund