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CITIGROUP FINED $61 MILLION

CITIGROUP FINED $61 MILLION

Day: 10 | Time: 22:51:45 Citigroup will have to pay a $61 million fine to the Federal Reserve due to issues related to data quality management and risk controls.

Citigroup Inc. will pay a $61 million fine to the Federal Reserve over issues related to data-quality management and risk controls.