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Bloomberg - Good guy Citi trader loses employment lawsuit

MIRC Chat

A Citigroup currencies trader described by the executive that fired him as a "good guy," lost his employment lawsuit against the lender after a judge ruled he’d intentionally flouted the rules by confirming the identity of a client in an electronic chat with a rival.

JPMorgan in trading drop

JPMorgan Chase

JPMorgan Chase said revenue from its trading businesses has dropped 15% so far in the second quarter from the same period a year ago because of low market volatility.

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