Citibank has been handed a ยฃ4.7 million ($6.37 million) fine after its London branch violated the U.K.โ€™s Russian sanctions regime by processing nearly ยฃ20 million ($27.1 million) in illegal payments to designated individuals and organizations. ย 

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...