Citigroup Says Banamex USA Unit Got Subpoena on Money Laundering

Citigroup Inc. (C), the third-biggest U.S. bank, said its Banamex USA unit received grand jury subpoenas related to compliance with the Bank Secrecy Act and federal anti-money-laundering requirements.

The subpoenas were issued by the U.S. Attorney’s Office for the District of Massachusetts, the New York-based company said today in its annual 10K filing with the Securities and Exchange Commission.

Banamex USA also received a subpoena from the Federal Deposit Insurance Corp. related to the same matters, Citigroup said.

To contact the reporter on this story: Dakin Campbell in New York at

To contact the editor responsible for this story: Steve Dickson at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.