Citigroup seeks early completion of regulatory supervisory mandates
- 1Citigroup aims to rapidly finalize the implementation of supervisory measures following regulatory directives affecting it since 2020.
- 2CEO Jane Fraser stated that approximately 90% of the mandated compliance workload has been completed.
- 3Citigroup plans to submit detailed audit reports to the Federal Reserve and the Office of the Comptroller of the Currency.
So what's the key point?
Citigroup is working to quickly finish its obligations to follow regulatory instructions that have been in place since 2020.
Source Retail Banker International +1 · View original ↗
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