Citi Draws $250M Fine For Charges Surrounding USD ISDAFIX
Moderator: moderators
-
- rank: 10000+ posts
- Posts: 37309
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
Citi Draws $250M Fine For Charges Surrounding USD ISDAFIX
The U.S. Commodity Futures Trading Commission (CFTC) has issued another order against Citibank today, extending its list of fines to the lender after manipulation charges concerning the US Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX), citing a recent CFTC manifest.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
The CFTC fine against Citibank is the second one issued today, which found that Citi and its Japanese affiliates were responsible for Yen LIBOR manipulation and false reporting that helped benefit traders during the financial crisis. ... (read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.