The PRA has imposed a combined financial penalty on Citigroup Global Markets Limited, Citibank N.A. London branch and Citibank Europe Plc UK branch of £43.9 million for failings in relation to their internal controls and governance arrangements underpinning compliance with PRA regulatory reporting requirements.
Full article:
https://www.bankofengland.co.uk/news/2019/november/pra-fines-citigroups-uk-operations-44-million-for-failings