Citi was fined $136 million for failing to resolve regulatory issues.

Citigroup will pay a fine of about $136 million to U.S. banking regulators for issues related to data quality and risk management. The Federal Reserve said on Wednesday that the fine stems from Citi’s violations of a 2020 enforcement action. The bank will pay $61 million to the Federal Reserve and about $75 million to the Treasury. (…)