OCC Assesses $400 Million Civil Money Penalty Against Citibank

News Release 2020-132 | October 7, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today assessed a $400 million civil money penalty against Citibank, N.A, of Sioux Falls, South Dakota, related to deficiencies in enterprise-wide risk management, compliance risk management, data governance, and internal controls. The OCC took these actions based on […]