Chief currency dealer dismissed from Bank of England

The Bank of England
Bank of England

Suspended Bank of England (BoE) chief currency dealer Martin Mallett has been dismissed from his position. The review into the institution's role in the FX benchmark scandal said he "should be criticised", even though the findings exonerated all Bank officials.

"I have found that, from May 2008, the Bank's chief FX dealer, Mr Mallett, was aware of the fact that banks were having open discussions about their fix positions in chatrooms with a view to matching them off," says Lord Grabiner, who led

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