Citigroup’s inability to hire a compliance professional cost the company $127 million
Citigroup’s ‘fat finger’ mistake of May 2, 2022 has proven costly. Not only did the bank lose $48 million (£38 million) on the day due to the error at its London Delta 1 desk, but it has now been fined £62m by UK regulators. Get morning coffee ☕ in your inbox. Register here. The statements … Read more