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U.S. to charge 3 traders in forex rigging probe -source

Tue, 10th Jan 2017 14:54

NEW YORK, Jan 10 (Reuters) - The U.S. Justice Department isset to bring charges on Tuesday against three ex-traders atJPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a probe into the manipulation offoreign-exchange prices at major banks, a person familiar withthe matter said.

Richard Usher, formerly of JPMorgan, Rohan Ramchandani,formerly of Citigroup, and Chris Ashton, formerly of Barclays,are expected to face criminal charges in a case filed in federalcourt in New York, the person said.

The expected charges were first reported by Bloomberg News. (Reporting by Nate Raymond in New York; Editing by ChizuNomiyama)

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