March 15, 2025

Jane Fraser

Finance

Regulators fine Citigroup $136 million in setback for CEO Jane Fraser

Regulators slapped Citigroup (C) with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management, a setback for CEO Jane Fraser as she tries to turn around the giant New York bank. The Federal Reserve and the Office of the Comptroller of the Currency announced the action late Wednesday, just

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