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Report: Ex-BNP Paribas trader sues bank over dismissal amid FX rigging probe

Robert de Groot, former global head of foreign-exchange spottrading at BNP ParibasSA, is claiming over £5.1 million in compensation from the lender,Bloomberg News reported July 6.

De Groot, who was fired during an investigation into foreignexchange rigging, said in a statement: "I believe my suspension was ameans of getting me out of the way and perhaps making me appear to the FCA tobe part of the problem so that my very real disclosures could be made to lookless credible, significant or serious."