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The U.S. regulators penalize Citigroup (C) for inefficient progress in data management issues. It follows the 2020 consent order requiring the bank to fix these issues via firm-wide adequate measures.
Zacks via Yahoo
5 days ago
Reuters via Yahoo
US regulators fine Citi $136 million for failing to fix longstanding data issues
6 days ago
Fed Chair Jerome Powell's Testimony Continues
Fortune via Yahoo
Deutsche Bank and HSBC are winning Europe’s AI talent war as the U.K. strikes back against the U.S.
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American multinational bank
citi.com
Citibank, N.A. is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. Wikipedia