Search
 

Goldman Sachs Said to Ban Multibank Chats

Amid regulator probes into manipulation of benchmark interest rates and FX rates, Goldman Sachs has reportedly banned traders from using chat rooms with counterparts at more than one bank.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Goldman Sachs Group Inc. followed competitors in banning traders from using chat rooms involving counterparts at more than one bank as regulators probe alleged currency rigging, said a person with knowledge of the matter.

Traders will still be allowed to communicate one-on-one with dealers at other firms to discuss business, said the person, who asked not to be identified because the decision hasn’t been made public. Fiona Laffan, a spokeswoman for the New York-based firm, declined to comment on the move.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.