Ex-Lazard Banker Kim Banned While Facing Insider-Trading Charges

A former dealmaker at Lazard Inc. and Citigroup Inc. was banned from the US financial industry, months after authorities accused him of leaking tips on mergers and acquisitions to a network of insider traders.

Justin Kim was terminated by New York-based Citigroup soon after he was arrested on Dec. 1, a filing from the Financial Industry Regulatory Authority shows. He then refused to provide documents and other information requested by Finra, the US markets watchdog, and was banned as a result, according to the filing.

The US Department of Justice unveiled charges against Kim and five others in December, accusing ...