Citi shakes up leadership after $136 million in fines for data quality issues. A memo to employees breaks down what you need to know.

Citi shakes up leadership after $136 million in fines for data quality issues. A memo to employees breaks down what you need to know.

Courtesy of Citi

Nearly four years ago, Citigroup was fined $400 million for its poor data management and risk controls. In July, regulators fined the bank $136 million for failing to fix its data quality issues quickly enough.

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