November 4, 2013 / 9:45 AM / 5 years ago

HSBC says no-one suspended in relation to FX probe

Pedestrians walk past a bank branch of HSBC in central London August 1, 2011. REUTERS/Stefan Wermuth

LONDON (Reuters) - HSBC (HSBA.L) said it had not suspended any staff as part of an investigation into the possible manipulation of currency markets by several banks.

“We haven’t suspended anyone. It’s at a very early stage and the names we’ve been given so far don’t work for us anymore,” Chief Executive Stuart Gulliver told reporters on a conference call.

HSBC become the latest major bank to confirm it is helping with an investigation by regulators in several countries into a number of firms, relating to trading in the $5.3 trillion a day currency market. Several other banks have suspended staff in relation to the probe, sources have said.

Reporting by Steve Slater; Editing by Sinead Cruise

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