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Losses from Citi’s Goodman block trade snafu extend to more than $70m

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What should have been quick money from helping China Investment Corporation sell a $1.9 billion stake in ASX-listed Goodman Group has morphed into nightmare $70 million loss for Citi’s bosses.

Citi’s head of equity capital markets Rob Jahrling is an ex-Olympian rower Louise Kennerley

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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