Many are asking why firms seem unable to break a cycle of culture and conduct risk management issues. Some argue they have grown too large or complex to be managed effectively. Others say management and supervisors lack adequate skills, tools, or both. All agree we need a more reliable and proactive means by which to probe for culture and conduct risk troubles.
Observations
Oct 10, 2024US Senator Elizabeth Warren has called on the Office of the Comptroller of the Currency (OCC) to impose growth restrictions on Citi due to ongoing issues with the bank's risk management and internal controls.
by Keith Noreika, Bryan Hubbard
Compendium
Jun 07, 2023
