Senator Warren Slams Citibank’s Ongoing Failures — Suggests Breaking up Citi

Senator Elizabeth Warren has called for bold enactment from regulators, urging the acting caput of the Office of the Comptroller of the Currency (OCC) to code Citibank’s persistent operational failures. Warren stated that Citibank whitethorn beryllium “too-big-to-manage,” citing years of regulatory missteps and mishandled reforms, contempt ongoing penalties. The missive suggests that breaking up the […]