17 Traders fired, suspended or on leave.
A former Citigroup foreign exchange trader fired amid an investigation into rate rigging has claimed the practices that prompted his dismissal were widespread across the bank and the industry.
Separately, a former Deutsche Bank trader fired over rate-rigging accusations will give up $53 million in bonus money, Bloomberg writes.
Tan, Danziger and other traders got fired last year for Libor manipulation.
Then, Mr. Bloomberg was just a bond trader, recently fired from Salomon Brothers, who sought to create a data provider for brokerage firms.
In The Times's account of this return to conspicuous consumption, we learned of a Morgan Stanley trader, since fired for unspecified reasons, who went to costly ends to try to hire a dwarf for a Miami bachelor party prank that would require the dwarf to be handcuffed to the bachelor.
However traders may hold fire until Friday lunchtime when JP Morgan report their earnings.
Overall, traders are holding fire ahead of the interest decision at midday.
Some traders managed to fire sell orders through, so the FTSE100 is now down by 16.91 points at 5586.
But some critics have questioned putting an investment banker at the head of the institution when risk-taking by traders is under fire, and when Deutsche Bank is trying to re-emphasize traditional businesses like retail banking.
