Citigroup Inc. (C) has been fined 78.4millionbyapairofBritishregulatorsduetothebank’sdeficienciesinthesystemsandcontrols.TheseflawsledatradertomakeaninputtingerrorthatcausedaflashcrashinMay2022.Thepenaltyamountconsistedof£27.8millionfromtheFinancialConductAuthority(FCA)and£33.9millionfromtheBankofEngland’s(BoE)PrudentialRegulationAuthority(PRA).AccordingtotheFCA,atraderfromCitigroupmeanttosellabasketofequitiesworth58 million but a ...