Global economic instability is making it increasingly challenging for banks to manage risk. In a recent report, the Basel Committee on Banking Supervision—responsible for setting global regulatory ...

Key insight: Citi has been freed from an amended consent order issued by the OCC in July 2024. What's at stake: The megabank continues to operate under 2020 enforcement actions filed by the OCC and ...

Imagine losing $136 million in a single day. That's the harsh reality Citi faced recently, courtesy of US regulators. Why? A key reason was due to poor data and risk management. This eye-watering fine ...

Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution ...

Risk management should not just be a checklist to be compliant. Rather, it should be a source of value, inextricably tied to your business strategy. Purpose-driven and customer-centric risk management ...