What's Going On With Citigroup Shares Today?
What's Going On With Citigroup Shares Today?
Citigroup Inc. (NYSE:C) reportedly breached a U.S. Federal Reserve rule on intercompany transactions, leading to errors in its internal liquidity reporting.
據報道，花旗集團股份有限公司（NYSE：C）違反了美國聯邦儲備規定的公司間交易規則，導致其內部流動性報告出現錯誤。
According to the document, which provides a 2023 year-end snapshot of some of Citigroup's work on regulatory issues "the firm's subsequent reaction to the breaches resulted in liquidity reporting inaccuracies," said Reuters.
根據該文件，該文件提供了2023年底花旗集團在監管問題上的一些工作的總體情況快照，路透社稱"公司對此違規行爲的後續反應導致了流動性報告的不準確性。"
These infractions are being reported for the first time. Regulation W mandates banks limit transactions, such as loans, with their affiliates to protect depositors with government-insured funds up to $250,000.
這些違規行爲是第一次被報道。《W條例》規定銀行限制與其關聯機構進行交易，如貸款，以保護政府保險基金內的存款人，高達250,000美元。
The Regulation W violations come as Citigroup addresses other issues with its risk management and internal controls.
《W條例》違規事件發生的同時，花旗集團正在解決其風險管理和內部控制的其他問題。
According to the document, the "longstanding breaches revealed weaknesses" in Citigroup's "ability to identify, monitor, and prevent" future Regulation W violations.
根據該文件，"長期以來的違規行爲揭示了花旗集團未來發現、監控和防止《W條例》違規行爲的能力存在缺陷。"
Meanwhile, "proposed revisions to policies and procedures do not appear to provide sufficiently clear guidance for employees to assure compliance with the regulation."
與此同時，"建議的政策和程序修訂似乎沒有提供足夠清晰的指導，以確保員工遵守條例。"
A bank spokesperson stated, "We are fully committed to complying with laws and regulations and have a strong Regulation W framework in place to ensure prompt identification, escalation and remediation of issues in a timely manner."
一位銀行發言人表示："我們全力遵守法律法規，並建立了強有力的《W條例》框架，以確保及時識別、升級和糾正問題。"
As per the report, in 2020, authorities deemed its risk practices "unsafe and unsound," and in 2023, the bank was criticized for how it assessed counterparty risks.
根據報告，在2020年，有關當局認爲其風險管理做法"不安全和不穩健"，而在2023年，該銀行因其評估交易對手風險的方式受到批評。
This month, Citigroup was fined $136 million for inadequate data management progress, and the bank reportedly agreed with the Bourse de Montreal to settle claims of failing to report large options contract positions.
本月，花旗集團因數據管理進展不足被罰款1.36億美元，該行還據報道與蒙特利爾證券交易所達成了和解，解決了未能報告大型期權合約頭寸的糾紛。
In May, British regulators imposed a hefty fine of over $78.5 million on Citigroup for its trading system and control shortcomings.
五月，英國監管機構對花旗集團的交易系統和控制不足處以高昂罰款超過7850萬美元。
Citigroup stock has gained more than 36% in the past 12 months. Investors can gain access to the stock via First Trust Nasdaq Bank ETF (NASDAQ:FTXO) and Series Portfolios Trust InfraCap Equity Income Fund ETF (NYSE:ICAP).
在過去12個月中，花旗股票已經上漲了超過36％。投資者可以通過第一託管納斯達克銀行ETF（納斯達克：FTXO）和系列基金信託基礎設施股息基金ETF（紐約交所：ICAP）獲得股票。
C Price Action: Citigroup shares are down 0.061% at $65.86 at the last check Wednesday.
C股價格的變動：在週三最後一次檢查時，花旗股份下跌0.061％至65.86美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。