Citigroup Seeks Dismissal of New York AG’s Lawsuit Over Online Scam Losses
Citigroup is pushing to dismiss a lawsuit filed by New York Attorney General Letitia James in January, accusing the bank of failing to reimburse customers who were scammed online.
US Senator Warren Urges Growth Limits on Citi
Senator Elizabeth Warren has urged regulators to impose growth constraints on Citigroup owing to continuous regulatory concerns.
Citigroup Defends Firing of Former Executive, Citing Performance Issues
Citigroup has responded to a lawsuit filed by Kathleen Martin, a former managing director, by asserting that her termination was due to performance issues rather than her claims of being pressured to mislead regulators.
Citigroup seeks to end a racial-bias lawsuit over ATM fees
Citigroup has requested a U.S. judge dismiss a lawsuit alleging racial discrimination, arguing that its policy of waiving ATM fees for customers of minority-owned banks does not violate federal civil rights law.
Citigroup Fined $136 Million for Risk Management Failures
Regulators have imposed a $136 million fine on Citigroup for not addressing persistent shortcomings in its controls and risk management.
Citigroup Announces Key Leadership Changes In The Asia-Pacific Region
In the wake of a significant global restructuring, Citigroup has unveiled strategic appointments in the Asia-Pacific region.
