Losses stem from unauthorised trading in crude oil derivatives, according to the Japanese trading house

Mitsubishi Corporation has said an alleged rogue trader lost $320m on unauthorised crude oil derivatives trades, causing the Japanese trading house to launch an investigation and notify police.

 that it has dismissed the employee and filed a police report. The employee was not identified.

Mitsubishi Corp investigates $320m loss by alleged rogue trader

Samuel Agini

Mitsubishi

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