Citigroup, the world's biggest bank has been cleared of insider trading and conflicts of interest, but questions remain about the effectiveness of its so-called "Chinese walls".
Day one of Citigroup's first day in court. The Australian corporate regulator is suing Citigroup, alleging conflicts of interest and insider trading. Investment banks around the world are watching the case nervously.
Investment banks and brokers have made a last minute bid to intervene in the Australian corporate regulator’s insider trading lawsuit against Citigroup. The bid comes on the request of a prominent investment bank in New York which is pretty worried about the case.
More developments this week in the Australian corporate regulator's lawsuit against Citigroup for insider trading and failing to manage the conflicts of interests involving its proprietary trading.
Significant developments in the Australian regulator’s insider trading case against Citigroup. The court documents filed today could rewrite the rules for investment banking worldwide by banning proprietary trading, the bread and butter for investment banks everywhere.
An interview with Jeremy Cooper, the deputy chairman of the Australian corporate regulator, the Australian Securities and Investments Commission. Many topics are covered from the dangers of private equity and insider trading to ASIC's lawsuit against Citigroup for insider trading.
