I thought this was telling in the FT this morning:

The US Federal Reserve has ordered Citigroup to improve its compliance with anti-money laundering rules, citing deficiencies at an affiliate of Banamex, its prized Mexican banking arm.

Citi is required to develop plans to strengthen its anti-money laundering procedures and adequately fund its risk-management programmes. There were no fines as part of the Fed order.

I added the emphasis.

Citi has been more than capable of adequately funding bonuses. But not anti-money laundering procedures apparently.

What does that say about  their priorities?