Senator Elizabeth Warren Urges Regulators to Address Citibank’s Ongoing Failures: Is It Time to Break Up Citi?

Senator Elizabeth Warren Urges Regulators to Address Citibank’s Ongoing Failures: Is It Time to Break Up Citi?

Senator Elizabeth Warren is urging the OCC to take action against Citibank for its ongoing operational failures. Warren believes that Citibank is “too-big-to-manage” and has been mismanaging regulatory requirements for years. She is calling for bold action to address these issues and possibly break up the bank. Warren’s letter highlights the need for stronger regulation … Read more

3AC Founders Face New Trouble as Regulators Impose 9-Year Ban Amidst Bankruptcy

3AC Founders Face New Trouble as Regulators Impose 9-Year Ban Amidst Bankruptcy

Bankrupt 3AC Founders Run Into Trouble Again As Regulators Impose 9-Year Ban Singapore’s central bank, the Monetary Authority of Singapore (MAS), has issued long-term prohibition orders against Zhu Su and Kyle Davies, founders of the bankrupt crypto hedge fund Three Arrows Capital (3AC). The founders are now banned from engaging in regulated business activities in … Read more