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Chairman of Credit Suisse: No Sign of Foreign Exchange Rigging

The Swiss national flag on top of Switzerland's embassy waves in the wind in front of the glass dome of the Reichstag building which host German Parliament in Berlin.

Chairman of Credit Suisse: No Sign of Foreign Exchange Rigging


Credit Suisse has found no evidence of foreign exchange market manipulation and that such a liquid market would be difficult to rig, its chairman said in an interview published on Sunday.

Switzerland's financial markets regulator said this month that it was conducting investigations into several Swiss institutions over possible manipulation in the $5 trillion-a-day foreign exchange market.