text:  Regulators have been pointing to ongoing deficiencies for years at the bank, did so again with the issuance of this fine, saying that Citi has made progress but must do more to meet the terms of a consent decree struck in 2020. That decree requires that the bank get better at understanding the risks it faces among the various parts of its operations. Now, banks are required to produce what we like to call a living will, how they would wind down operations with some dignity if that ever became necessary. Citi had another setback the other day. What happened?