Bank of England suspends staffer in FX manipulation probe

New investigation launched by UK central bank into foreign exchange dealings

The Court of the Bank of England

The Bank of England (BoE) has suspended a staff member following an internal review into allegations that it condoned or was aware of manipulation of the foreign exchange market and sharing of confidential client information.

The central bank declined to comment when asked for the identity of the staff member, and reiterated that it has yet to find any wrongdoing in the review.

Deputy governor Andrew Bailey revealed last month that the Bank launched an internal review in October into allegations

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account