JOHANNESBURG, Feb 24- South Africa's central bank wants commercial lenders involved in the rand currency rigging scandal to be held accountable, deputy governor Daniel Mminele said on Friday. South Africa's Competition Commission said last week that it had found more than a dozen local and foreign banks had colluded to coordinate trading in the rand and the...
South Africa's Competition Commission said last week that it had found more than a dozen local and foreign banks had colluded to coordinate trading in the rand and the U.S dollar using an instant chat room called ZAR Domination, a reference to the rand's official currency market code. Local lender Standard Bank, which is also among the 17 named in the...
JOHANNESBURG, Feb 23- South Africa's Standard Bank is engaging with the Competition Commission over the watchdog's investigation into alleged rigging of rand currency trading and has not suspended any employees to date, the bank said on Thursday. "Pending the outcome of these engagements and in the light of these historic allegations only having been...
JOHANNESBURG, Feb 23- South Africa's Standard Bank said on Thursday it was engaging with the Competition Commission about an investigation into alleged rigging of rand currency trading and had not suspended any employees to date.
STANDARD BANK SAYS ENGAGING WITH SOUTH AFRICA'S COMPETITION COMMISSION TO "BETTER UNDERSTAND" ALLEGATIONS OF FX COLLUSION.
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