Citi, former head of FX trading desk try to resolve discovery disputes
Citi and the former head of its FX trading desk Rohan Ramchandani attempt to resolve outstanding discovery disputes.
Citi
Citi posts 11% Y/Y drop in Markets and Securities Services revenues in Q4 2021
Citigroup saw its Markets and Securities Services revenues fall to $4.0 billion in the final quarter of 2021.
Citi Cross-Currency Sweeps now available in additional 14 European countries
Citi Cross-Currency Sweeps enables treasurers and finance teams to efficiently manage cash positions across multiple accounts.
Court gives Citi, former head of FX trading desk two months to complete discovery
Citi and former FX trader Rohan Ramchandani have until January 21, 2022, to substantially complete all document discovery.
Citi joins Aristocrat lending group for Playtech takeover
Initially committed lenders to Aristocrat, UBS and Goldman Sachs, will transfer a portion of their commitment to Citi.
Citi registers slight drop in Markets and Securities Services revenue in Q3 2021
Citi reported Markets and Securities Services revenues of $5.0 billion, down 4% from the result reported in the year-ago quarter.
Citi ordered to produce material related to DOJ FX spot market investigation
Citi will have to produce to former trader all the material they gave to the DOJ in connection with FX spot market investigation.
DOJ has no objection to providing info in lawsuit brought by ex-Citi FX trader
The DOJ has no objection to accept Citi’s application for information in a lawsuit brought by former FX trader Rohan Ramchandani.
Citi launches ESG & Multi-Currency Notional Pooling offering in Luxembourg
Citi launches its multi-currency notional pooling (MCNP) capabilities in Luxembourg, with ESG offering attached.
CFTC imposes $1M fine on Citi for swap data reporting violations
The CFTC fines Citi $1 million for swap data reporting violations, related supervision failures, and violation of a prior CFTC order.
