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The erroneous trade prompted 711 pop-up warning messages in a single alert before it sparked a European selloff. Trader’s ‘fat finger’ costs Citi $79 million after U.K. fines bank over ...
Citigroup CEO Jane Fraser is betting a dramatic restructuring can revive the lender's stock price and remove decades of bloat.On Friday she disclosed how deep those cuts will go. The New York bank ...
In finance, market data is price and other related data for a financial instrument reported by a trading venue such as a stock exchange. Market data allows traders and investors to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives, and currencies. [1]
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Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results and stock price.. About 20,000 employees will be let go over the “medium term,” New ...
Stevenson then states that he was signed off work for 6 months by a doctor, which was followed by work in an administrative job at the bank for a year, before he was allowed to leave the bank with his deferred stock of around £1.5 million to £2 million. [16] Stevenson retired from trading in 2014 when he was 27, [3] after burning out. [7]