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Citi shared central bank info with clients - ex trader

From reuters.com

Citigroup sent details of its central bank customers' trading activity to another client and handed out details of its foreign exchange order book to customers in electronic chatrooms, a former foreign exchange trader said in a witness statement to a London court on Thursday. Perry Stimpson, a former Citigroup currency trader who is claiming unfair dismissal, said the practices, which breached client confidentiality, were well known by senior managers. "Our Investor Desk would comply with a weekly request from (a client) for details of Central Bank activity that Citi had transacted," Stimpson said in his witness ... (full story)

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