Citibank Blunders May Warrant Breakup, Warren Tells OCC

By Sarah Jarvis

Sen. Elizabeth Warren, D-Mass., urged the acting head of the Office of the Comptroller of the Currency on Thursday to impose growth restrictions on Citibank for becoming "too big to manage" and committing various blunders over the years, saying breaking up the fourth-largest bank in the U.S. may be appropriate if conditions don't improve.

 Letter attached | Read full article » Save to favorites »