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C May 2024 52.000 call
- Zacks
Citigroup (C) Faces Penalty of $78.4M for 2022 Flash Crash
Citigroup (C) is being fined $78.4 million by two British regulators due to an inputting error, leading to a flash crash in 2022.
- CNN Business
Walmart and Target are slashing prices. What does that mean for inflation?
Americans might notice markdowns for some everyday essentials during their weekly grocery runs. That doesn’t mean the battle against inflation is won.
- Reuters
Ex-Citi banker says she was fired for refusing to give false data to regulator
A former managing director at Citigroup sued the bank and its chief operating officer on Wednesday, alleging she was fired for opposing what she said were attempts to give regulators false information. Kathleen Martin, a former managing director Citi hired in 2021 to help with data issues, said in a lawsuit filed in a New York district federal court that her supervisor COO Anand Selva wanted her to hide "critical information" from the Office of the Comptroller of the Currency (OCC) about the bank’s data governance metrics.
