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Barclays Cartel Trader Ashton Draws $1.2 Million Fine From Fed

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Barclays Plc’s former head of global spot foreign exchange trading was fined $1.2 million and banned from the banking industry for his involvement in rigging currency rates, the Federal Reserve said Friday. The Fed said it imposed the penalties after Christopher Ashton failed to respond to the central bank’s June…

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Click here to read the full story: Bloomberg Quint

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