How did a Canadian bank end up in an intelligence bulletin from the U.S. Federal Bureau of Investigation – and which one is it?
That’s the mystery surrounding a report from Reuters today, which details FBI concerns that traders could be manipulating a market in interest-rate derivatives.
Traders at two banks – one Canadian, one American – are suspected of “front-running” large orders for interest-rate swaps, the Reuters report said, citing an FBI intelligence bulletin sent last week by the bureau’s field office in Charlotte, N.C. .Report Typo/Error
- Royal Bank of Canada$95.47-1.56(-1.61%)
- Royal Bank of Canada$70.12-1.39(-1.94%)
- Toronto-Dominion Bank$65.77-1.03(-1.54%)
- Toronto-Dominion Bank$48.32-0.93(-1.89%)
- Bank of Montreal$99.70-1.07(-1.06%)
- Bank of Montreal$73.29-1.00(-1.35%)
- Canadian Imperial Bank of Commerce$81.53-2.04(-2.44%)
- Canadian Imperial Bank of Commerce$110.93-2.45(-2.16%)
- Bank of Nova Scotia$77.41-1.00(-1.28%)
- Bank of Nova Scotia$56.87-0.92(-1.59%)
- Updated April 26 4:00 PM EDT. Delayed by at least 15 minutes.