Citi traders dismissed

PEOPLE NEWS

NEW YORK -- Citigroup last week dismissed two traders linked to the Allfirst trading losses, as the investigation into rogue trader John Rusnak’s counterparties continued.

Richard Marra in New York and Joseph Craven in Singapore had been suspended in early March for "reasons unrelated to trading activity", the bank said (FX Week, March 18).

However, traders in the global forex market said the dismissals were linked to expense accounts used to entertain Rusnak, who dealt heavily with Citigrou