Tag: Citigroup

Regulatory enforcement saw a sharp decline in the first quarter of 2025, with both the volume and monetary value of fines significantly lower than...

NatWest Group has taken a firm step in tightening its internal communication protocols by blocking popular messaging services WhatsApp, Facebook Messenger, and Skype on company devices across the UK.

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

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.

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

Financial Industry Regulatory Authority (FINRA) has fined Citigroup Global Markets $1.25m for deficiencies in its background checks.

Citigroup and online lender Kabbage are part of a consortium which is aiming to improve the cybersecurity of FinTech companies.

Behavox, a London-based AI software company, has reportedly raised funding from Citigroup and Index Ventures.

Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.