Saturday, January 11, 2014

MANY MORE LIKE THIS, PLEASE...

and this time don't forget long prison sentences!
Citigroup Fires Trader Amid Foreign Exchange Probe
Rohan Ramchandani Is First Banker to Lose Job in Global Currency Investigation
By Katie Martin
WALL STREET JOURNAL
Updated Jan. 10, 2014 3:41 p.m. ET

LONDON—A senior Citigroup Inc. currency trader in London has been fired in connection with a global investigation into alleged efforts to manipulate foreign exchange markets, two people familiar with the matter said.

Rohan Ramchandani, formerly the bank's head of European "spot" foreign-exchange trading, is the first banker to lose his job as a result of the global currency market probe.

No comments: