The New York Federal Reserve has ended a three-year-old enforcement action against Citigroup for its part in financing the failed energy trading group Enron. The original action required Citigroup to tighten controls and overhaul its risk-management procedures.
Fed Ends Enron Enforcement Action Against Citigroup
The New York Federal Reserve has ended a three year old enforcement action against Citigroup for its part in financing the failed energy trading group Enron. The original action required Citigroup to tighten controls and overhaul its risk management procedures.
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