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canada goose clearance bank ahead of clients, trading on insider information ahead of a major M deal five years ago, one of its former foreign exchange traders told buy canada goose jacket cheap a London court on Wednesday. canada goose clearance

canada goose black friday sale A man walks past a Citibank branch in lower Manhattan, New York October 16, 2012. canada goose uk outlet REUTERS/Carlo Allegri canada goose black friday sale

canada goose clearance sale Perry Stimpson, a former Citigroup forex trader who is claiming unfair dismissal, said the bank was handling a big M deal in 2010 and made millions trading foreign exchange ahead of it a practice called running canada goose coats in direct contravention of its code of conduct. canada goose clearance sale

canada goose coats Citigroup lawyer Diya Sen Gupta told the court on Thursday: cheap Canada Goose allegations were investigated and are not, and were not, substantiated. canada goose coats

Stimpson, who is canada goose factory sale representing himself at the hearing uk canada goose outlet at an employment tribunal, said the deal had a foreign currency canada goose store element that was handled by Jeff Feig, who was global head of trading at the time, and Anil Prasad, who was head of foreign exchange.

canada goose deals Stimpson said Citigroup bought Canada Goose sale cash and options that pushed the sterling rate higher in advance of the transaction, which allowed the bank to net $35 million profit. canada goose deals

Feig declined to comment when contacted by Reuters.

buy canada goose jacket Prasad lawyers, Stephenson Harwood, said: allegations are baseless and are emphatically denied. It canada goose clearance said neither it, nor Prasad, would comment further. buy canada goose jacket

Canada Goose Parka The Citigroup lawyer said neither Feig more Prasad were found to have committed misconduct, and both left Canada Goose Jackets the bank for personal reasons unrelated to the canada goose coats on sale FX investigation. Canada Goose Parka

canada goose store Citigroup said all the allegations cheap canada goose uk of misconduct by others made by canada goose clearance sale Stimpson in his disciplinary proceedings were forwarded to compliance. It said if misconduct was proven against scrubsuniforms Canada Goose online existing employees Canada Goose Outlet then disciplinary action was taken. canada goose store

canada goose Feig, who was employed by Citigroup in the United buy canada goose jacket States and still lives there, resigned in May 2014, and Prasad left the previous month, both before Stimpson made allegations against them. canada goose

Canada Goose Jackets Stimpson said he was using the example of Feig and Prasad activities to ask the bank witnesses canada goose uk shop in court why he was singled out for breaches of the bank code when senior staff were not. He said he told the bank about Canada Goose Black Friday sale the misconduct and other examples at a disciplinary hearing in June 2014. Canada Goose Jackets

buy canada goose jacket cheap CENTRAL BANKS Canada Goose Parka Citi has said Stimpson was dismissed for serious breaches of contract, alleging he shared confidential client information with traders at other banks via electronic chatrooms. buy canada goose jacket cheap

Canada Goose Outlet Stimpson, a forex trader at Citigroup in London for 25 years, was dismissed last November in the wake of an industry scandal Canada Goose Online that resulted in banks paying more than $10 billion in fines for failing to canada goose black friday sale stop traders manipulating the forex Canada Goose Coats On Sale market. Canada Goose Outlet

Stimpson said Citigroup staff breached confidentiality around some clients, especially central banks. was the culture to talk about central bank activity, he said.

Canada Goose online Citi has said it had concerns that Stimpson breached client confidentiality on at least 12 occasions in chatroom conversations. But Stimpson said discussion of central bank activity was in the industry, and the transcripts of those 12 conversations show that two central banks were mentioned 38 times by nine different participants. Canada Goose online

canada goose coats on sale He asked Jerome Kemp, Citi global head of futures who was involved in Stimpson disciplinary process, whether the rules on client confidentiality be bent at the direction of senior management. canada goose coats on sale

Canada Goose sale Kemp said they could not, and denied there were different standards for central bank clients. Canada Goose sale

cheap Canada Goose believe every one of our clients has the right to canada goose expect the information they share with us. is protected by confidentiality. There canadian goose jacket would be no carve out uk canada goose in respect to a central bank or any other canada goose uk black friday client, Kemp said cheap Canada Goose.

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