Tag: Citigroup

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

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

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.

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...

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

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

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

Citigroup and online lender Kabbage are part of a consortium which is aiming to improve the cybersecurity of FinTech companies.

Behavox, a London-based AI software company, has reportedly raised funding from Citigroup and Index Ventures.