C Forex News

Citigroup Fined $136 Mln Over Internal Control Issues

Citigroup Fined $136 Mln Over Internal Control Issues

Government regulators have issued around $135.6 million fine in separate but related actions against Citigroup Inc. for failing to resolve longstanding internal control and risk issues. The Federal Reserve Board has fined the banking major $60.6 million for violating the Board's 2020 enforcement action. In a related activity, the Office of the Comptroller of the Currency or OCC amended its 2020...
RTTNews | 111 days ago
Citigroup Slips To Loss In Q4, But Adj. EPS Tops Estimates

Citigroup Slips To Loss In Q4, But Adj. EPS Tops Estimates

Citigroup Inc. (C) reported Friday a net loss to common shareholders of $2.14 billion or $1.16 per share for the fourth quarter, compared to net income of $2.18 billion or $1.16 per share in the prior-year quarter.
RTTNews | 292 days ago