Citigroup (C) Fires Mortgage Trader Over Mismarked Portfolio
Citigroup (NYSE: C) is said to have fired mortgage trader Oleg Saitskiy last March amid determinations that he mismarked his portfolio.
According to Bloomberg, internal and external lawyers made the determination ahead of Saitskiy's dismissal.
Saitskiy worked at Citi since 2005 and recently traded non-agency mortgage bonds.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi Upgrades Regions Financial (RF) to Buy, 'Lessons Learned'
- McDonald's (MCD) PT Raised to $312 at Citi
- Citi Resumes Thermo Fisher Scientific (TMO) at Neutral
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
CitiSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!