Former Barclays FX trader Chris Ashton is
to appear at a hearing at the East London employment tribunal on July 13
against the bank, which he is suing for unfair dismissal, confirms his lawyer
Ashton is suing Barclays for ...
hearings of former Barclays FX trader Chris Ashton’s unfair dismissal and
whistleblowing claim against the bank started on Tuesday at the East London employment
the tribunal said they will decide by Wednesday whether to take ...
Ashton’s claim of whistleblowing against Barclays, where he was formerly head
of spot FX voice trading, is “absurd”, according to Justin Bull, the bank’s former
global chief operating officer.
Bull - who co-chaired Ashton’s disciplinary
Former Barclays head of spot voice FX trading Chris Ashton claims
he was “scapegoated” by the firm in the wake of the investigations of the Financial
Conduct Authority (FCA) into alleged manipulation of FX rates, and that he was
The US Federal Reserve Board has announced that it will seek a $1.2 million fine and a permanent ban on employment in the banking industry for Chris Ashton, a former FX trader at Barclays.
I have a lot of respect for the Federal Reserve and the people that work there, but I have to ask: is it just another example of a dysfunctional regulatory framework?
News that Chris Ashton, the former Barclays FX trader dismissed by the bank over misconduct allegations, has lost his claim for unfair dismissal represents the first outright win for a bank facing such a claim and, potentially, draws a line in the sand over how participation in foreign exchange chat room activities is viewed.
Bloomberg News reports that Ashton lost his claim in a ruling dated September 19 as the judge found Barclays took “appropriate action” due to his “gross misconduct”.