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Fired Citi trader claims he was a scapegoat

Citi Building Sign

A former Citigroup trader in Japan who was fired for allegedly trying to manipulate foreign-exchange rates in violation of internal policy told a Tokyo court he was made a scapegoat and his actions were condoned by his employer, echoing claims made by several ex-Citigroup employees in courts in other parts of the world.

People News: Blackstone, Deutsche Bank, UBS

UBS HQ archway

Blackstone is hiring a former top enforcement attorney at the U.S. Securities and Exchange Commission, months after the world’s biggest alternative-asset manager agreed to its first SEC penalty, two people with knowledge of the move said.

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