Menu
Close

Citi UK fined

lse:barc

#1

PRA fined Citi UK , fine looks small if you look at Barclays fines in USA. Fair trade should mean a level playing field for fines e.g. £100m+.


#2

U.S Dept of justice only works in units of $1Bn.

Who is/are PRA? and what did Citi do?


#3

#4

It still doesn’t say, but appears to be the Prudential Regulation Authority.

I’m missing out here, I should set up such an authority and start fining companies for bad governance procedures. It must be some of the easiest money in the world to extort.