Citigroup, Elizabeth Warren
Elizabeth Warren says Citi has become 'too big to manage'
Massachusetts Sen. Elizabeth Warren is warning regulators that Citigroup (C) has become “too big to manage” and that federal regulators should enforce stricter restrictions on the bank.
Warren urges OCC to cap Citigroup's growth
In a letter to Acting Comptroller Michael Hsu, Democratic Sen. Elizabeth Warren urged the regulator to curtail the megabank's growth in response to its failure to improve its risk management programs.
U.S. Senator Urges OCC to Impose Growth Limitations on Citigroup
Citigroup Inc. C continues to struggle with fixing its regulatory problems. United States Senator, Elizabeth Warren, urged the Office of the Comptroller of the Currency (“OCC”) to impose growth limitations on the company.
US Senator Warren asks regulator to impose growth curbs on Citi
A prominent Democratic U.S. senator called on a top regulator on Wednesday to impose growth restrictions on Citigroup as the Wall Street bank struggles to fix ongoing regulatory problems. In a letter to Acting Comptroller of the Currency Michael Hsu,
Sen. Warren wants growth limits on Citi, according to letter to OCC (updated)
In a letter to Acting Comptroller of the Currency Michael Hsu, Warren contended that Citi's ( C) struggles to fix a string of regulatory issues focusing on data, controls and other problems demonstrate that the bank has become "too big to manage." Reuters had reported on the letter earlier on Thursday.
Citi’s Turnaround Plan Is Stained by Warren’s Call for Growth Limits
The Massachusetts Democrat called on a top government regulator to restrict the growth of the nation’s fourth-largest bank.
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