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  • Reuters

    Citi's 'living will' flaws manageable but distracting, J.P.Morgan says

    Citi was one of four banks whose living wills were found lacking by the U.S. Federal Reserve and the Federal Deposit Insurance Corp due to shortcomings tied to their derivatives portfolios. "It adds to the list of issues that management needs to focus on," the brokerage said, noting reports about the setbacks Citi is facing over its consent orders and a recent lawsuit by a former managing director who says she was fired for opposing what she said were attempts to give regulators false information. Citi has said the lawsuit is "without merit" and vowed to "vigorously defend against it".

  • Evening Standard

    FTSE 100 Live 24 June: US stocks fall as Nvidia shares slip, London Tunnels snubs LSE for Euronext IPO

    Prudential’s $2 billion buyback plan and a tie-up between Frasers Group and THG are among today’s FTSE 100 highlights. Outside the top flight, SIG shares are lower after a profit warning by the building supplies firm. Meanwhile, the London Tunnels tourist attraction has snubbed its home stock market in favour of a listing on Euronext.

  • Associated Press

    Supreme Court rejects challenge to Connecticut law that eliminated religious vaccination exemption

    The Supreme Court on Monday rejected a challenge to a 2021 Connecticut law that eliminated the state’s longstanding religious exemption from childhood immunization requirements for schools, colleges and day care facilities. The justices did not comment in leaving in place a federal appeals court ruling that upheld the contentious law. Connecticut law requires students to receive certain immunizations before enrolling in school, allowing some medical exemptions.