Citigroup forex probe

The forex scandal (also known as the forex probe) is a financial scandal that involves the revelation, and subsequent investigation, that banks colluded for at least a decade to manipulate exchange rates for their own financial gain. Nov 04, 2013 · Citigroup Inc. (C) has recently become the latest global banking giant to be subject to investigations related to foreign exchange trading (Forex). This has made bankers and investors increasingly NEW YORK: US banking giant Citigroup said it could plead guilty to an antitrust violation as part of a settlement of charges it helped rig the massive foreign exchange market.Citigroup said it is Apr 06, 2015 · Per a Bloomberg report, the U.S. Department of Justice (DOJ) is seeking Citigroup's main banking subsidiary - Citibank NA - to plead guilty to criminal charges related to fixing of forex markets.

May 20, 2015 · U.S. banking giants Citigroup and JPMorgan Chase and U.K.-base conglomerates Barclays and The Royal Bank of Scotland have agreed to plead guilty antitrust violations stemming from their collusion

Citigroup traders fired after forex probe to sue for wrongful dismissal By City & Finance Reporter for the Daily Mail. Published: 16:54 EDT, 17 August 2015 | Updated: 16:54 EDT, 17 August 2015 1 day ago Citi is the leading global bank. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. 11/05/2015

Nov 12, 2014 Five banks agree to pay $3.3 billion to settle forex probe Group PLC UK:RBS US:RBS, UBS AG CH:UBSN UBS, +6.61% , Citigroup Inc. C,

The largest FX presence of any bank globally. Unparalleled liquidity in over 140 different currencies, Citi's global FX presence in over 80 countries. Rohan Ramchandani, who was Citi’s head of European spot forex trading in London, will begin giving evidence against the Wall Street giant on Wednesday in his unfair-dismissal claim at an employment The fines follow a currency-rigging probe that lasted almost two years, and the U.S. Attorney General promised to keep prosecuting all those 'who tilt the economic system in their favor.' The largest FX presence of any bank globally. Unparalleled liquidity in over 140 different currencies, Citi's global FX presence in over 80 countries.

Aug 16, 2018 · Citigroup and CGMI settled without admitting or denying the SEC’s findings and agreed to cease and desist from future violations. The SEC found that from 2013 to 2016, three CGMI traders mismarked illiquid positions in certain proprietary accounts they managed, in two cases covering losses from widespread unauthorized trading.

May 16, 2019 Among the banks, Citigroup bore the largest fine, around 311 million euros. The commission also said that other probes into the forex spot Nov 12, 2014 Citigroup fires its former head of European spot trading and Deutsche Bank suspends several traders after an internal investigation

Citigroup says could plead guilty to settle forex probe. Citigroup says could plead guilty to settle forex probe. Breaking News. How would you best describe yourself?

Citi To Pay $1.02 Billion To Settle Forex Probe A traffic light is pictured in front of a Citibank branch Citigroup Inc said it will pay $1.02 billion to settle a probe by regulators for