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Ex-JPMorgan trader found guilty in U.S. currency-rigging trial

Published: November 20, 2019
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Source: Reuters

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A former foreign exchange trader at JPMorgan Chase & Co was found guilty Wednesday of conspiring to rig trades for his own benefit.

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Akshay Aiyer was at least the sixth person charged in Manhattan federal court in connection with a wide-ranging U.S. probe into currency manipulation by major banks.

Barclays Plc, BNP Paribas SA, Citigroup Inc, JPMorgan, Royal Bank of Scotland Group Plc and UBS Group AG have entered related guilty pleas, and been collectively fined more than $2.8 billion.

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