15Sep
Financial Daily Dose 9.15.2020 | Top Story: Citi Faces Federal Risk-Management Inquiry, Resumes Job Cuts
Federal authorities are prepping to “reprimand Citigroup Inc. for failing to improve its risk-management systems—an expansive set of technology and procedures designed to detect problematic transactions, risky trades and anything else that could harm the bank.” That “expected rebuke” was apparently part of the bank’s move to hasten the departure of CEO Michael Corbat in favor of successor Jane Fraser....
By:
Robins Kaplan LLP
Source Url: https://www.jdsupra.com/legalnews/financial-daily-dose-9-15-2020-top-57306/
Related
AIFMD review: European Commission consultation - The European Commission has launched a consultatio...
Read More >
California employers received mostly good news this past month on the arbitration front, with a trio...
Read More >
Federal Agency Alleged Company Refused to Accommodate Disabled Food Demonstrators - ST. LOUIS - CR...
Read More >
The Ninth Circuit ruled on October 1, 2019, that McDonald’s cannot be held liable for wage and hour...
Read More >
Union employees are not permitted to delay designation of FMLA time while they use job-protected acc...
Read More >
Many people in the construction industry believe the force majeure clause waives the requirement for...
Read More >