Anna Attkisson is a full-time Senior Editorial Director for Investopedia, overseeing content strategy and operations. Anna has spent 20 years crafting content around highly complex topics and ...

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 ...

WASHINGTON — Federal regulators haven’t found evidence yet of a so-called “fat finger” that may have triggered last week’s rapid stock-market plunge as they sift through “voluminous” records for ...

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 watchdog says that due to poor design, the trader was also able to manually override a pop-up alert, without being required to scroll down and read all the alerts within it. The firm’s real-time ...

A trader cost Citigroup C1.14%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 ...

Citigroup has been fined £61.6 million ($79 million) by UK regulators for failures after a London staffer’s fat-finger trade caused a flash crash in European stocks in 2022. The trader had intended to ...