The investigation into a former trader at the company was triggered after a breach of the company’s own internal controls last August.
A junior trader, who worked at the company’s investment arm, was dismissed after attempting the rogue trade, thought to have been worth about $150m and alleged to be linked to Argentine warrants.
According to a spokesman for the £60bn asset management giant, the trade was stopped and police and regulators were notified.
Internal controls thwart attempted illegal trade.
How dare the bastards show that internal self-regulation works?