Feds Fine Citigroup $400M Over Faulty Risk Management
Citigroup has agreed to pay a $400 million fine imposed by U.S. regulators for failing to shore up the bank’s operations.
CT Department of Banking Fines Broker
The Connecticut Department of Banking has issued a $3,500 fine to a broker for not being registered in the state.
BofA Pays $42M Fine in New York ‘Masking’ Probe
Bank of America Corp. will pay a $42 million fine and admitted wrongdoing to settle claims by New York’s attorney general that it fraudulently routed clients’ stock trades to outside firms, including one run by swindler Bernard Madoff.
