Goldman Sachs, which wasn’t punished in last week’s foreign-exchange-manipulation settlements with US and British regulators, has ousted a currencies trader who allegedly was involved with the misconduct before he joined the firm.

Frank Cahill, who joined Goldman Sachs in 2012 as a currencies trader after working at HSBC, was asked to leave Goldman's London offices on Tuesday as a result of his alleged involvement in the currencies-rigging affair, according to a person with the matter.