Citi failed to correctly report LEIs for tens of thousands of swap transactions.
Deal to acquire Citi’s fixed income indices and the Yield Book announced in May this year has closed.
Sabrina Wilson has more than 20 years’ experience in futures and options, clearing and electronic trading.
Citigroup’s restructure saw the headcount reduced by 40,000 over the past four years.
Citi sees equities trading sales increase 10% in the first quarter this year, as derivatives and fixed income also surge.
The SEC alleges Citi had overcharged at least 60,000 investment advisory clients.
CitiFX Alpha trading programme misinformed investors about risk and cots of being a part of the group.
Citi caught spoofing orders in US treasury and swaps markets after CME inquired about suspicious trades.
Former futures head at Citi joins BMLL Technologies.
The investigation is the latest attempt from the US derivatives regulator to crackdown on how banks trade and deal interest rate swaps.