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Feds fine Citigroup $400 million over faulty risk management

NEW YORK (AP) - Citigroup has agreed to pay a $400 million fine imposed by U.S. regulators for failing to shore up the bank's operations.

The Office of the Comptroller of the Currency said Wednesday that the civil penalty is in response to shortcomings in the New York bank’s risk ...

from www.washingtontimes.com stories: Business & Economy https://ift.tt/2F9g2WT

Feds fine Citigroup $400 million over faulty risk management Feds fine Citigroup $400 million over faulty risk management Reviewed by Riyad on October 07, 2020 Rating: 5

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