Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, April 10, 2007

Citigroup Plans to Reduce Compliance Staff

Under pressure to become a "leaner, thinner" Citigroup, the company is expected to announce measures for cost-cutting and reductions in personnel, especially in its compliance departments.  Citigroup had increased compliance after several scandals in recent years, including Enron.  See NYTimes, Citigroup’s Revamp May Trim Its Compliance Corps.


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