Regulators Prepare to Reprimand Citigroup for Failing to Improve Risk Systems

Wall Street Journal, Sept. 14, 2020–David Benoit, Ben Eisen (subscription)
Federal regulators are preparing 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.
https://www.wsj.com/articles/regulators-prepare-to-reprimand-citigroup-for-failing-to-improve-risk-systems-11600107587?mod=hp_lead_pos5