Citi’s own analysis shows the bank has been struggling with a shortage of skilled personnel. Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank’s own assessment, shedding light on why it is taking it years to fix regulatory issues even as billions are spent on an overhaul.

Topics:  citigroup   fix   regulatory   bank   
BING NEWS:
  • A key to Citi's regulatory woes: staff need skills 'enhancement'
    Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own assessment, shedding light on why it is taking it years to fix regulatory issues ...
    10/15/2024 - 2:17 am | View Link
  • Exclusive: A key to Citi's regulatory woes
    Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own assessment, shedding light on why it is taking it years to fix regulatory issues ...
    10/15/2024 - 1:18 am | View Link
  • Citigroup profit drops on bigger stockpiles for potential loan losses
    (Reuters) - Citigroup's profit fell 9% in the third quarter as it set aside more money to cover loans that may not be repaid, particularly on credit cards. The third-largest U.S. lender's net income ...
    10/15/2024 - 1:08 am | View Link
  • Deadly detail hiding in plain sight in this Sydney garden
    Residents in a newly developed suburb were left horrified after they discovered an eastern brown snake lurking in their front garden. The massive six-foot long reptile was spotted slithering ...
    09/23/2024 - 11:10 pm | View Link
  • Mark Robinson Has Been Hiding in Plain Sight
    Of all the politicians in recent memory who have been caught saying horrible things in their past, few rival Mark Robinson in terms of sheer depravity. On Thursday, CNN reported that Robinson ...
    09/19/2024 - 1:00 pm | View Link
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