News

Citigroup Inc. revoked the firing of a senior trader in Japan as part of a wrongful dismissal settlement following years of wrangling over problematic trading practices in the bank’s Asia unit.
Ian Weir, an ex-sales trader for Asia Pacific markets based in London, agreed to settle the case before a London tribunal hearing to decide what the bank would need to do to compensate for the ...
A former Citigroup Inc. trader ... Citi could be liable if it "initiated" the prosecution by providing information it knew to be false. Marrero also denied the bank's request that he dismiss the ...
Judge Victor Marrero of the New York Southern District Court has dashed the ambitions of Citi to dismiss a lawsuit brought by “FX Cartel” trader Rohan Ramchandani. In an order issued today, the Judge ...
Paras Shah abruptly left his post last month as Citi’s head of high-yield bond ... Times that he was a well-liked and successful trader. Mr Shah is likely to have received a seven-figure pay ...
Trading incidents including one where Citigroup executed $1.4 billion of sell orders when intending to sell $58 million of shares led British regulators on Tuesday to fine the bank over trading ...