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
We are hearing about a budget pinch from many homebuilder and general contractor clients tied to the...
Read More >
Specialty Apparel Chain Fired Manager After Learning She Was Pregnant, Agency Charged - NEW ORLEANS...
Read More >
The whole trick for a plaintiff (and his lawyers) in a FLSA collective action case is to try to get ...
Read More >
In Retirement Plans Committee of IBM v. Jander, the Supreme Court, in a unanimous opinion, clarified...
Read More >
In recent years, a number of federal courts have drawn differing conclusions with regard to whether ...
Read More >
Q. A client of my company asked whether it could offer production bonuses to our employees who deli...
Read More >