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Октябрь
2024

Hiding in plain sight: The key to fix Citigroup’s regulatory woes

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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.