Fed terminates Citi notices that demand bank improve risk controls

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The US Federal Reserve (Fed) has told Citigroup it has closed formal notices requiring the bank to fix trading risk management weaknesses, according to sources, a significant step in improving oversight and control deficiencies that have bogged down the third-largest US bank. Read full story

Date: 19 December, 2025 6:00 am
Source: thestar.com.my

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