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Citigroup Fined $78.5M for Major Trading Controls Failures

Britain's banking and financial regulators fined Citigroup more than 61.6 million pounds ($78.5 million) for failures in its trading systems and controls, with incidents dating back to 2018. The deficiencies led to significant trading errors, prompting substantial penalties from both the Prudential Regulation Authority and the Financial Regulation Authority. ....

United Kingdom , Sam Woods , Financial Regulation Authority , Prudential Regulation Authority , Citigroup Global Markets Limited , Victoria Durman ,

Citi fined $79 million by British regulators over fat-finger trading and control errors

Citi fined $79 million by British regulators over fat-finger trading and control errors
cnbc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbc.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , City Of , Sam Woods , Financial Conduct Authority , Prudential Regulation Authority ,

Citigroup counting £61.6m cost of fat finger error

Citigroup counting £61.6m cost of fat finger error
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

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