The Traderszone Network

Published in TZ Latest News 10 September, 2015 by The TZ Newswire Staff

Citi shared central bank info with clients: ex trader

Citigroup sent details of its central bank customers’ trading activity to another client and handed out details of its foreign exchange order book to customers in electronic chatrooms, a former foreign exchange trader said in a witness statement to a London court on Thursday. Perry Stimpson, a former Citigroup currency trader who is claiming unfair dismissal, said the practices, which breached client confidentiality, were well known by senior managers.

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