22-05-2024 11:16 via rocketnews.com

A Citi trader intending to sell $58 million of shares ended up selling $1.4 billion. Now the bank has been fined.

Trading incidents including one where Citigroup executed $1.4 billion of sell orders when intending to sell $58 million of shares led British regulators on Tuesday to fine the bank over trading controls.
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnTrading incidents including one where Citigroup executed $1.4 billion of sell orders when intending to sell $58 million of shares led British regulators on Tuesday to fi

‘We get a raw deal’: This was my worst Father’s Day of all time — and it had nothing to do with a ‘crummy’ tie or tickets to see Taylor Swift

These stock sectors have fallen so much they now look attractive, analyst says

‘We get a raw deal’: On Father’s Day, here’s the worst thing you can do — and it doesn’t involve giving your dad a ‘crummy’ tie or tickets to see Taylor Swift

What Wells Fargo’s ‘mouse-jiggler’ scandal says about the problem with work right now

Oil scores biggest weekly gain since early April

Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing

French banking-sector bonds buckle as Paris awaits snap elections

Bond market’s rally may have more room to run: ‘What a week it’s been’

Hurco’s stock slides 5% after company suspends quarterly dividend payments

Range bar charts: how to use them in Forex trading

Mester says Fed needs to see more low inflation readings before cutting interest rates

Steelmaker Nucor’s stock extends selloff after a profit warning

Hurco’s stock slides 15.6% after company suspends quarterly dividend payments

Desktop versie

A Citi trader intending to sell $58 million of shares ended up selling $1.4 billion. Now the bank has been fined.

Analyst news