A trader who was previously employed by Citi has taken legal action against the bank, claiming that he was unfairly terminated.
![Citigroup faces lawsuit as trader claims unfair dismissal, blaming bank for regulatory failures in Asia stock trades. PHOTO: GETTY IMAGES](https://krugmaninsights.com/wp-content/uploads/2023/10/download-9-1024x682.webp)
The former employee, Ian Weir, asserts that he was made a scapegoat for the bank’s regulatory failures regarding stock trades in Asia, which spanned a period of ten years.
According to Weir, he was unjustly dismissed in June 2021 for gross misconduct