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UK regulators slap Citi with $79M fine over trading, control failures

U.S. bank Citigroup has been fined more than 61.6 million pounds ($78.5 million) for failures in its trading systems and controls in the United Kingdom,. ....

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

Citigroup Fined £61.6M for Major Trading Control Failures: Key Takeaways

UK regulators fined Citigroup £61.6 million for significant trading control failings, marking one of the largest sanctions for such breaches. The issue included a mistaken $444 billion order that caused a significant market impact. Citigroup has committed to strengthening its systems to ensure full regulatory compliance. ....

United Kingdom , United States , New York , City Of , Jane Fraser , Sam Woods , Citigroup Global Markets Limited , Financial Conduct Authority , Office Of The Comptroller , Prudential Regulation Authority , Federal Reserve , Wall Street ,

Citi fined $79m by UK regulators over 'fat-finger' failures

Citi fined $79m by UK regulators over 'fat-finger' failures
bdnews24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bdnews24.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , United States , City Of , New York , Sam Woods , Jane Fraser , Prudential Regulation Authority , Federal Reserve , Financial Conduct Authority , Citigroup Global Markets Limited , Office Of The Comptroller , Wall Street ,

Investment bank fined £61.6m for $444billion

Investment bank fined £61.6m for $444billion
express.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.co.uk Daily Mail and Mail on Sunday newspapers.

United Kingdom , Sam Woods , Financial Conduct Authority , Citibank United Kingdom , Canary Wharf ,

Citi was fined $79 million over billion-dollar trading errors

In one incident, a trader accidentally inputted a $444 billion order intended to be $58 million ....

United Arab Emirates , United Kingdom , Sam Woods , Prudential Regulation Authority , Financial Conduct Authority , Citi Global Markets Limited , Global Markets Limited ,