
Former Citi trader points finger at bank execs at tribunal
McWilliams: alleged offences were "encouraged, condoned, required and rewarded" by management

Carly McWilliams, a former Citigroup trader dismissed over investigations into foreign exchange trading and benchmarks, has told a London employment tribunal that executives at the firm encouraged traders to share client orders with employees of other banks.
McWilliams, who worked on Citi's spot-trading desk for 14 years, was dismissed in November 2014 amid the height of the WM/Reuters benchmark manipulation saga. She filed her suit for unfair dismissal at the East London Employment Tribunal in
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Derivatives
Callable repack frenzy opens up new options market in Europe
Demand driven mainly by French life insurers looking for alternatives to low-yielding sovereign bonds
Receive this by email