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Citigroup (C) Fires Mortgage Trader Over Mismarked Portfolio

July 26, 2016 3:11 PM EDT

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.



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