Citigroup faces regulatory scrutiny and urgent calls for risk management overhaul
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#51c5dde8 ver:0.5

Citigroup faces regulatory scrutiny and urgent calls for risk management overhaul as the Federal Reserve issues Notices Requiring Immediate Attention. Citigroup's internal audit reveals shortcomings in risk management and reporting, while the OCC finds deficiencies in data integrity. Shares dip as regulatory pressures mount, with potential consequences for regulatory standing and operational costs. Citigroup must take corrective measures to meet expectations. #Citigroup #regulation #riskmanagement...

#newstr #Citigroup #RegulatoryScrutiny #RiskManagement #LivingWillPlans #JpmorganChase #GoldmanSachs #BankOfAmerica #WellsFargo #MorganStanley #StateStreet #BankOfNewYorkMellon #FederalReserve #Fdic 

 https://here.news/story/51c5dde8?ver=0.5