Citigroup Inc (C) has disclosed a new risk, in the International Operations category.
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Citigroup Inc. faces significant business risks in managing its global operations, as effective risk management is crucial for its overall success. The company has implemented an Enterprise Risk Management (ERM) Framework to ensure consistent risk management across all levels, aligning with its mission and values. Despite this, Citi continues to work on compliance with the 2020 FRB and OCC Consent Orders, focusing on risk management, compliance, and data quality governance. The challenges in adhering to these standards highlight potential vulnerabilities that could impact Citi’s reputation and operational stability.
Overall, Wall Street has a Strong Buy consensus rating on C stock based on 13 Buys and 4 Holds.
To learn more about Citigroup Inc’s risk factors, click here.
