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Stock impact report

Citi Says European Authorities Are Scrutinizing 2022 Flash Crash [Yahoo! Finance]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Yahoo! Finance
(Bloomberg) -- Two years after a Citigroup Inc. trader's fat-finger error briefly sent European stocks swooning, the bank said authorities are investigating what happened. Most Read from Bloomberg Everything Apple Plans to Show at May 7 ‘Let Loose' iPad Event Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Apple Rallies Most in 18 Months on Upbeat Forecast, Buyback Trump Auditions VP Picks Before Wealthy Donors in Palm Beach G-7 Eyes Plan on US-Led $50 Billion Aid Package for Ukraine “Government and regulatory agencies in the UK and Europe are conducting investigations or making inquiries regarding an equity desk trading error that occurred on May 2, 2022,” the New York-based lender wrote in a quarterly filing late Friday. “Citigroup is cooperating with these investigations and inquiries.” The company didn't elaborate on the inquiries, or what prompted it to disclose them now. A Citigroup spokesperson declined to comment. Citigroup publicly acknowledg Show less Read more
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