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
Related
LABOR & EMPLOYMENT LAW - DoL Collected a Record Amount in Discrimination Settlements in Fiscal Yea...
Read More >
Seyfarth Synopsis: The Second Circuit held that FLSA settlements pursuant to Rule 68 Offers of Judgm...
Read More >
Beginning on January 1, 2020, the California Consumer Privacy Act of 2018 (CCPA) will impose new pri...
Read More >
This brief guide provides updates on the impact of COVID-19 on merger control reviews around the wor...
Read More >
On Tuesday, September 24, 2019, the U.S. Department of Labor released its much anticipated update to...
Read More >
Corporate - Japanese Government Issues M&A Guidelines - On June 28, 2019, Japan's Ministry of Ec...
Read More >