Seems legit.
Key points from link above:
December 21, $10B in interest rate swaps to hedge rising interest rate risk.
April 22, Chief Risk Officer stepped down(appointed Aug 16) from role, departed October 22
December 22, interest rate swaps are gone.
Its probably criminal-level hubris, negligence, and stupidity.
But in a world where the biggest slices of the warfare pie are economic and political, a counter-intelligence investigation on this sounds like a good idea.