NEW YORK (AP) — A pair of government regulators slapped Citigroup with a $135.6 million on Wednesday, saying the bank has made insufficient progress in...
NEW YORK — A pair of government regulators slapped Citigroup with a $135.6 million on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues. It's a major blow to Jane Fraser , the bank's CEO, who has staked her career on making Citi leaner and less complex.
In a statement, Fraser acknowledged the bank hasn't made progress quickly enough and that it is possible for Citi make itself less risky. Biden didn't show up for an early evening meeting with the German chancellor because he had to go to bed: report
Jane Fraser Insufficient Progress Risk Issues Citi Internal Control The Federal Reserve
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