Skip to content
Subscriber Only

Fired Citigroup FX Trader Tells Tokyo Court He Was Scapegoat

  • Former employee is suing Citigroup in Japan over dismissal
  • Citigroup claims trader violated internal code of conduct
Citigroup Hires Two From Deutsche Bank for Prime Finance Unit
Photographer: Patrick T. Fallon/Bloomberg
Updated on

A former Citigroup Inc. trader in Japan who was fired for allegedly trying to manipulate foreign-exchange rates in violation of internal policy told a Tokyo court he was made a scapegoat and his actions were condoned by his employer, echoing claims made by several ex-Citigroup employees in courts in other parts of the world.

QuickTake Broken Benchmarks