Saturday, February 8, 2014

Danske Bank suspends 6 traders in manipulation, face possible jail time

FYR...

Danske Bank suspends 6 traders in manipulation, face possible jail time

Fri, Feb 07 2014, 17:03 GMT | Forex Live
By: Adam Button

Denmark's Danske Bank has suspended 6 traders after police began a probe into mortgage bond trades in 2009.
The prosecutor officially accused the traders "of price manipulation under particularly aggravated circumstances". The prosecutor said the traders face jail time if convicted and noted that none of the traders seemed to have had a personal motive to commit the crime "it was about securing Danske Bank an additional profit".
They sound like real team players, shouldn't have a hard time finding jobs once they get out of prison.


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