Citi’s raid on JPMorgan investment bankers has reportedly escalated, with multiple arrests made in connection with the ongoing investigation.
The probe into JPMorgan’s alleged insider trading and market manipulation is still unfolding, but sources close to the matter reveal that Citi’s involvement has significantly increased. This latest development adds fuel to the ongoing controversy surrounding the bank’s role in the scandal.
As the investigation continues, it remains unclear what exactly led to Citi’s actions, but experts warn of potential consequences for both banks involved. With multiple arrests made and a growing list of implicated individuals, the stakes are high for those at the center of this financial storm.
Source: https://www.ft.com/content/537018c0-0d04-4229-82b4-95809aac0e0e