Ex-Citigroup stock trader wins unfair dismissal case in Hong Kong

Quick Summary:

Citigroup was also sued by traders it fired in London and Tokyo before being fined by the SFC in 2022.

When clients responded to the IOIs, Citigroup would often act as a principal and buy or sell stocks from them.“We are reviewing the Tribunal’s decision and will make further comment in due course,” a Citigroup spokeswoman said.

A Citibank logo seen on the side of a glass building in New York.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: Hong KongOman

Topics: Stocks Citigroup Clients Hong Fired Sales Bank Traders Certain Equity Asia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 16:30:11 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 253 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24592659

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About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 14 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #42

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