Tag: Citigroup

Citigroup, Goldman Sachs slapped with large fines for recordkeeping failures

Goldman Sachs and Citigroup Global Markets have been fined $5.5m and $2.9m respectively for substantial recordkeeping failures.

Data and analytics provider AccessFintech nabs $60m in Series C

AccessFintech, a data and analytics platform for the financial industry, has received $60m in its Series C funding round.

5 US investment banks face $1bn in fines

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

FCA fines Citigroup Global Markets for MAR failing

The UK’s Financial Conduct Authority (FCA) has fined Citigroup Global Markets £12m for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements relating to the detection of market abuse.

Penelope raises $21m for small business financial security

Penelope, which facilitates retirement saving plans for small and medium-sized businesses (SMBs) and entrepreneurs, has raised $21m in pre-seed funding.

UK banks lagging behind in diversity after 10,000 women left their...

The number of women at the UK’s five biggest financial companies plummeted by 3% during 2020, posing a serious question to the sector’s diversity pledges.

skew. launches crypto-trading platform on the back of new $5m financing...

London-based FinTech startup skew. is aiming to create the gateway to a cryptocurrency markets and has just picked up $5m to make it happen.Octopus...

Citigroup fined £43.9m for regulatory reporting failures

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

TransFICC secures strategic investment from Citi

TransFICC, an e-trading support solution for financial institutions, has secured a strategic investment from Citi Innovation Lab.

Payment processor First Data to sell 64 million Class A stock

POS system and credit card processing system First Data Corporation has agreed to sell 64 million shares of Class A common stock.

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