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. This was first reported by Reuters on Thursday. Citigroup's continued problems with data, controls and management are evidence of the fact that the bank has become "too big to manage," and therefore, it should be subjected to constraints, argued Senator Warren in a letter to Acting Compt ...