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Fat-finger trade? Citigroup fined for nearly dumping $189 billion of stocks by accident
CNN Business via Yahoo Finance· 3 hours agoUK regulators slapped a combined £62 million ($79 million) fine on Citigroup Wednesday for failures...
City of London calls for financial regulators to find a growth 'mindset'
Reuters via Yahoo News· 2 hours agoBritain's regulators lack the mindset to boost growth and the financial sector's global...
Citi fined $79 million by UK regulators over 'fat-finger' failures
Reuters via Yahoo Finance· 8 hours agoLONDON (Reuters) -UK regulators fined Citigroup 61.6 million pounds ($78.5 million) for controls...
BoE regulatory 'culture shift' could open door to new tech
The Cointelegraph· 2 hours agoThe Bank of England (BoE) and the Financial Conduct Authority (FCA) are set to take on a “proactive” and flexible regulatory approach through the Digital ...
Citi fined $78M by British regulators for high-frequency trading, risk control rule breaches
UPI· 2 hours agoU.S. investment bank Citi was hit with $78.4 million in fines by British regulators for failings in...
UK Regulators Hit Citi With A Massive $79M Fine For Trading Control Failures - Citigroup (NYSE:C)
Benzinga· 6 hours agoBritish regulators have imposed a hefty fine on Citigroup Inc C for its trading control failures....
Citi fined $78.4M over 2022 flash crash error
Banking Dive via Yahoo Finance· 6 hours agoA Citi trader had meant to sell a basket of equities at $58 million but mistakenly created a $444 billion basket, regulators said. About $189 billion of...
A $444 Billion ‘Fat Finger’ Trade Crashed Stocks. Now Citigroup Is Paying the Price.
The Wall Street Journal· 4 hours agoThe FCA and the Bank of England’s Prudential Regulation Authority faulted Citigroup’s internal...
New approaches may be needed to regulate AI, says Bank of England policymaker
Reuters· 1 day agoArtificial intelligence could be fundamentally disruptive but help boost productivity in Britain's...
Water firms ask for bill rises of between 24% and 91%
BBC via Yahoo Finance· 24 hours ago[Getty Images] Water companies in England and Wales want bills to increase by between 24% and 91%...
