Three Bank Employees Said Arrested in Insider-Trading Probe
- Identities of the bank workers haven’t been disclosed
- FCA working with NCA in what may become biggest insider case
3 Bank Employees Arrested in U.K. Insider-Trading Case
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Three employees from major banks have been arrested in an insider-trading investigation that could become the U.K.’s biggest case related to the crime, according to two people with knowledge of the situation.
The U.K. Financial Conduct Authority is working with the National Crime Agency, which is assisting with covert surveillance, the people said, who asked not to be identified because the investigation is private. The arrests of the individuals, whose identities haven’t been disclosed, were carried out in recent months and more are planned, according to the people.