Perry Stimpson, a former Citigroup forex trader who is claiming unfair dismissal, said the bank was handling a big M&A deal in 2010 and made millions trading foreign exchange ahead of it - a practice called "front running" - in direct contravention of its code of conduct.
With the US economy growing at 3 percent, there is no need for additional easing, says Anil Prasad, Global Head-FX & EM local markets, Citi. He sees the dollar-yen end this year above 100 and next year it will probably be in the 110-115 range due to the huge increase in the monetary base in Japan.
CNBC-TV18's Latha Venkatesh speaks to Anil Prasad of Citibank London and Alexander Wyneandts of AEGON NV and asks them if the euphoria in Europe is justified.