risk management

Regulators fine Citigroup 6 million in setback for CEO Jane Fraser

Regulators fine Citigroup $136 million in setback for CEO Jane Fraser

Business
Jessica Roberts

Regulators slapped Citigroup (C) with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management, a setback ...

Exclusive-US regulator probes banks’ climate risk planning

Exclusive-US regulator probes banks’ climate risk planning

U.S.
Amanda Smith

By Isla Binnie and Chris Prentice (Reuters) – The U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out ...

China Frames ‘One Province, One Policy’ Plan for Financial Risk

China Frames ‘One Province, One Policy’ Plan for Financial Risk

Business
Jessica Roberts

(Bloomberg) — China’s regulator wants provinces to come up with their own plans to handle financial risks, according to a report, about ...