Tag: Citigroup
5 US investment banks face $1bn in fines
Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.
FCA fine Citigroup Global Markets for MAR failing
The UK’s Financial Conduct Authority (FCA) has issued a fine to Citigroup Global Markets £12m for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements relating to the detection of market abuse.
Citigroup fined £43.9m for regulatory reporting failures
The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.
FINRA fines Citigroup $1.25m for background check failures
Financial Industry Regulatory Authority (FINRA) has fined Citigroup Global Markets $1.25m for deficiencies in its background checks.
Consortium looks to improve FinTech cybersecruity
Citigroup and online lender Kabbage are part of a consortium which is aiming to improve the cybersecurity of FinTech companies.
AI software startup Behavox raises new funding
Behavox, a London-based AI software company, has reportedly raised funding from Citigroup and Index Ventures.
Citi’s head of FinTech leaves bank
Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.
