Organisation: Citibank

Municipal bond purchasers win class cert

A federal judge in New York has certified a class led by the City of Philadelphia alleging that major US banks conspired to manipulate a tax-exempt bond used by municipalities, schools and charities.

25 September 2023

Korea’s top court backs KFTC on currency swap collusion

A lower court wrongly annulled a KFTC decision finding that Citibank Korea and JPMorgan Chase illegally rigged tenders from two state-owned companies for currency swap services, Korea’s top court has held.

13 September 2023

UK issues chargesheet in government bond cartel probe

The UK’s Competition and Markets Authority has accused HSBC, Morgan Stanley, Citi, Deutsche Bank and Royal Bank of Canada of unlawfully exchanging commercially sensitive information about government bonds in the aftermath of the global financial crash.

24 May 2023

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