Citi ends relationship with credit hedge fund after $400 million risk debacle

US bank was unwittingly left on the hook for $400 million in trades due to clearing delays with hedge fund, according to the Wall Street Journal

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Comment by: Anonymous. Posted 3 years ago [2015-10-27 23:51:46]

Citi makes the error and then cuts off LNG. One wonders if there is more to this story ....