Citigroup Faces $136 Million in Fines Over Risk Management Failures – Huge Challenges for CEO Jane Fraser
CEO Insider
JULY 11, 2024
Regulators have imposed $136 million in fines on Citigroup for failing to rectify persistent deficiencies in its controls and risk management, posing a significant challenge for CEO Jane Fraser as she works to overhaul the major New York bank.
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