WASHINGTON - The Office of the Comptroller of the Currency settled an enforecement action Thursday against Citibank involving a theft of at least $664 million in corporate bonds that Citibank had handled as a securities transfer agent.

Without admitting or denying violations of securities law, the unit of Citicorp agreed to adopt new policies, procedures, and safeguards to prevent a repeat of the fiasco that was said to have led to losses of millions of dollars at brokerage houses.

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