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FX rigging probe: A third ex-Barclays trader loses lawsuit against dismissal

Published Sun, May 28, 2017 · 09:50 PM

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London

A BARCLAYS plc trader fired amid a global probe into foreign-exchange (FX) market manipulation lost his lawsuit against the bank after a judge ruled the lender was right to dismiss him for revealing confidential information to rivals and using sexually explicit, racist language in online chats.

Barclays suspended Jack Murray in October 2013, shortly after regulators began probing banks suspected of manipulating the global-currencies market.

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