Citigroup suspends two in FX as net widens

THE LUDWIG REPORT

US banking specialist Eugene Ludwig's report into fraudulent FX trading at Allfirst Financial may be completed, but parent group Allied Irish Banks will not give up its enquiry, said chief executive Michael Buckley last Thursday (March 14).

As it emerged late last week that Citigroup had suspended two sales dealers in early March following an internal review into the Allfirst affair, which lost AIB $691 million, Buckley said AIB would "keep on digging" to discover which banks had benefited

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.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: