London (CNN) — UK regulators slapped a combined £62 million ($79 million) fine on Citigroup Wednesday for failures in its trading systems that almost resulted in stocks worth $189 billion being dumped ...

UK regulators fined Citigroup 61.6 million pounds ($78.5 million) for controls failings in its trading operations, one of the biggest sanctions for systems breaches, which in one case saw the Wall ...

The firm’s real-time monitoring was ineffective, which meant that it was too slow to escalate internal alerts about the fat finger trades. Steve Smart, joint executive director of enforcement and ...

A trader cost Citigroup C2.20%increase; green up pointing triangle $78 million in fines this week by mistyping an order to sell shares. It’s a gaffe that ordinary investors like Derek Robinson of ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Citigroup Global Markets Europe AG (“CITI”) had breached the Rules as the ...