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Citi shared client orders - former FX trader claims

London Canary Wharf

Citigroup executives encouraged foreign-exchange traders to use electronic chat rooms to share client orders with employees of rival banks, a practice that forced finance companies to pay $10bn in regulatory fines, according to evidence presented to a London employment tribunal.

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Mizuho announces new hires in the U.S.

Mizuho Securities USA (MSUSA), the U.S. investment banking subsidiary of Mizuho Financial Group, have announced the further expansion of its U.S. equity platform with senior appointments in convertibles and equity derivatives.