The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6 Million Fine from Federal Reserve for Risk Management Shortcomings In a recent examination, the […]News, banking regulation, Citi, CitiGroup, Compliance, data quality, FDIC, Federal Reserve, Fine, OCC, penalties, risk managementRead More

You might also be interested in reading Mpeppe’s Utility Boost Their Popularity As Pepe Unchained Investors Join The Pre-sale.