CFTC fines Bank of America $30 million in latest USD ISDAFIX settlement
The charges against Bank of America marks the ninth CFTC enforcement action against major investment banks related to ISDAFIX rigging.
Tag: USD ISDAFIX
NEX Group to pay $50 million for USD ISDAFIX rigging
NEX Group subsidiary Intercapital Capital Markets was found to have helped bank clients manipulate the USD ISDAFIX benchmark.
BNP Paribas fined $90 million for USD ISDAFIX manipulation
BNP Paribas was found to have made false reports and attempted to rig the USD ISDAFIX over a five-year period.
RBS fined $85 million for fixing benchmark swap rates
The CFTC found traders at RBS joked about manipulating the USD ISDAFIX benchmark.