Citigroup acknowledges trader error in sudden fall of European shares -Breaking
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© Reuters. FILEPHOTO: A group of people walk under a Citibank logo, in San Francisco, California. July 17, 2009. REUTERS/Robert GalbraithNEW YORK (Reuters) – Citigroup Inc (NYSE 🙂 late Monday admitted that one its traders committed an error in the abrupt fall of European shares earlier in the day.
“This morning, one of our traders committed an error while entering a transaction. Citigroup issued a statement stating that the mistake was corrected within minutes.
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