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Citigroup (C) Uncovers Illegal Conduct in Banamex Unit

October 14, 2014 8:05 AM EDT

Citigroup (NYSE: C) issued the following statement regarding the findings of an investigation into the activities of a legacy Banamex unit which provided personal security services:

In July, we directed an outside law firm to conduct an independent investigation into the activities of a legacy Banamex unit which provided personal security services in Mexico. The... More