Citigroup Fined for Risk Management Problems

Another week goes by, and another bank is fined. (I swear I’m not trying to beat up on banks, but they keep providing fodder).

Citigroup is the latest to be fined $400 million for engaging in “unsafe and unsound banking practices”…ouch.

Risk management and back office operations are clearly in need of attention and perhaps it’s an entire industry attitude problem to risk management that needs to be addressed.

 

The quickest way to level up, become smarter & add value to your career in finance.

Signup for the FREE weekly newsletter: The Finance & Money Edge.

Get smarter about:

  • Business Finance
  • Fintech
  • Financial Risk Management
  • Data Analytics
  • Banking

A weekly non-stuffy 2-minute read.

We value your privacy. We will never rent, sell or exchange your details. Our privacy policy.

The quickest way to level up, become smarter & add value to your career in business

Join Over 17,764+ Smart & Savvy International Business Professionals

Signup for the FREE weekly newsletter: The Essential Edge.

  • Productivity & how to save your time
  • Leadership & Management
  • Business strategy
  • Selling

A weekly non-stuffy 2 minute read.

Get the FREE Report: How to Make Better Business Decisions when you sign up for the Essential Edge newsletter.

Essential Edge Step 1 optin

The Essential Edge is brought to you by Ethan Hathaway, the world’s premier Learning as a Service (In-Person & Online Training) Provider to International Business Professionals.

The quickest way to level up, become smarter & add value to your career in finance

Signup for the FREE weekly newsletter: The Finance & Money Edge.

Get smarter about:

  • Business Finance
  • Fintech
  • Financial Risk Management
  • Data Analytics
  • Banking

A weekly non-stuffy 2 minute read.

Finance & Money Edge Step 1 optin
Scroll to Top