Citigroup's (C) Living Will Plan Refused by US Regulators

Citigroup's (C) Living Will Plan Refused by US Regulators

Citigroup's 'living will' plan was rejected by U.S. banking regulators due to deficient data controls. This raises concerns about the bank's resolution readiness. Despite ongoing efforts to improve, Citigroup's stock has gained 21.4% in the past six months.

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