Losses from Citi’s Goodman block trade snafu extend to more than $70m
Citi’s equities team has crystallised another $50 million loss on its ill-fated $1.9 billion block trade in Goodman Group from Tuesday, bringing its total losses to more than $70 million from the deal.
Citi’s head of equity capital markets Rob Jahrling has had a terrible week.
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