Citigroup Hit With Record U.K. Fine for Incorrect Reporting
A sign sits on top of the skyscraper housing the Citigroup Inc. offices at 25 Canada Square in the Canary Wharf business, financial and shopping district in London, U.K. (Photographer: Chris J. Ratcliffe/Bloomberg)

Citigroup Hit With Record U.K. Fine for Incorrect Reporting

(Bloomberg) -- Citigroup Inc. was fined 44 million pounds ($57 million) by the Bank of England for years of inaccurate reporting to regulators about the lender’s capital and liquidity levels.
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