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Suspicion Of Forex Gouging Spreads.

Authors :
Zuckerman, Gregory
Mollenkamp, Carrick
Wei, Lingling
Neumann, Jeannete
Martin, Katie
Source :
Wall Street Journal - Eastern Edition. 2/10/2011, Vol. 257 Issue 33, pA1-A2. 2p. 1 Black and White Photograph.
Publication Year :
2011

Abstract

The article reports that some banks are believed to have charged large U.S. investment companies excessive amounts for foreign-currency trades. Bank of New York Mellon Corp. is among banks suspected by investment firm BlackRock Inc. of overcharging on trades. Attorneys general in Florida, Virginia, and California have sued custody banks for taking improper profits on currency trades for their clients.

Details

Language :
English
ISSN :
00999660
Volume :
257
Issue :
33
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
57965314