In The City

opinion

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Bravo Citibank! Or should I say bravo Salomon Brothers, since Citibank’s activities on the electronic bond trading platform EuroMTS on a quiet Monday last month are truly worthy of what was once the mightiest bond trading house there was. You had to be on a beach on Mars not to have heard the brouhaha over Citibank hitting a bunch of bids for government bonds on the electronic trading screen and then purportedly buying back some of the bonds at lower prices later.

Let me declare an interest here.

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