Citigroup
A key to Citi's regulatory woes: staff need skills 'enhancement'
Citi’s analysis, a portion of which was seen by Reuters and has not been previously reported, shows the bank has been grappling with a shortage of skilled personnel, finding at times that it did not have the right training and assessment tools to fix its regulatory challenges.
Exclusive / Citi breached a rule meant to keep banks safe, made liquidity reporting errors
The rule is meant to protect depositors whose money is insured up to $250,000 by the government.
Telenor starts the exit process for its Pakistan business
Telenor, the Norwegian telecommunications giant, has initiated its plan to sell its operations in Pakistan.
Record fines for currency market fix
Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.
A key to Citi's regulatory woes: staff need skills 'enhancement'
Citi’s analysis, a portion of which was seen by Reuters and has not been previously reported, shows the bank has been grappling with a shortage of skilled personnel, finding at times that it did not have the right training and assessment tools to fix its regulatory challenges.
Citi breached a rule meant to keep banks safe, made liquidity reporting errors
The rule is meant to protect depositors whose money is insured up to $250,000 by the government.
Telenor starts the exit process for its Pakistan business
Telenor, the Norwegian telecommunications giant, has initiated its plan to sell its operations in Pakistan.
Record fines for currency market fix
Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market, US officials say.