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
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.
Citi seeks DOJ’s assistance to fight former FX trader case
Citi wants the DOJ to provide discovery concerning the grand jury proceedings that resulted in the indictment of Rohan Ramchandani.
CME fines Citi for violations of block trade rules
On 8 occasions in June 2021, Citigroup Global Markets did not report block trades in a timely manner or with an accurate execution time to CME.
Former US Comptroller of the Currency stands by Citi in payment error case
Former US Comptroller of the Currency Robert L. Clarke advises Court to reverse judgment against Citi in $900 million payment error case.
