UK and US regulators have imposed a 2 billion pound / 3.1 billion dollar fine on five banks for the attempted manipulation of foreign exchange rates.
The Bank of England was accused of knowing about the scandal but doing nothing about it.
But a separate report revealed that there had been no evidence to support accusations that the Bank of England was involved in any 'unlawful or improper behaviour'
The Bank of England Chief Mark Carney said some of the findings were disappointing because the Bank holds itself to the highest standards
IN: What Lord Gravner…
OUT: unlawful behaviour
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