Citi Trader Suspended on Allegation of Stealing From Cafeteria
This article is for subscribers only.
Citigroup Inc. suspended its head of high-yield credit trading for Europe, the Middle East and Africa after he allegedly stole from the company’s cafeteria, according to a person familiar with the matter.
Paras Shah, one of the bank’s highest-profile traders, left Citigroup last month over the issue, the person said, asking not to be named because the matter is private.