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ICCR questions ethics of derivatives trading


Members of the US-based Interfaith Center on Corporate Responsibility (ICCR) will ask Citigroup at its annual general meeting to “explain their policy on how collateral is secured for the derivatives they use and what their policy is about using their customers’ funds for other speculative activities.”

The group, which has 300 members, will hold a conference call at 13:30...

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