Citigroup strips COO of responsibility after $136mn fine - Financial …
Sep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his responsibility for a key piece of its compliance work, after the bank was fined $136mn by regulators this summer for reporting...
Fired Citigroup banker says COO intended to deceive regulator on …
Jul 19, 2024 · A former Citigroup managing director who said she was fired because she refused to mislead a federal regulator about the bank's risk management accused Citigroup's chief operating officer of...
Citigroup COO stripped of sole data compliance duties over …
Sep 17, 2024 · Anand Selva, Chief Operating Officer of US multinational bank Citigroup, has been relieved of his responsibility over its data compliance duties after the bank was fined $136m over risk management failures.
LATEST: Citigroup COO Anand Selva to share compliance …
Sep 16, 2024 · Citigroup chief operating officer Anand Selva will share responsibility for a key part of the company’s compliance operation. Mr Selva will no longer be the sole head the data overhaul team working to satisfy regulators that Citigroup’s compliance systems are up to scratch, the Financial Times reported.
Citi COO intended to deceive OCC, ex-employee says
Jul 19, 2024 · In the suit, Kathleen Martin, Citi’s former interim data transformation chief, alleges that COO Anand Selva “wanted to misreport Citi’s metrics to deceive” its primary regulator, the Office of the Comptroller of the Currency, into thinking the bank was in compliance with requirements of a $400 million settlement agreement it entered in 2020 over...
Ex-Citi banker says she was fired for refusing to give false data to ...
A former managing director at Citigroup sued the bank and its chief operating officer on Wednesday, alleging she was fired for opposing what she said were attempts to give regulators false ...
Citi COO’s data responsibility cut after $136mn fine; European ...
Sep 16, 2024 · Citigroup is transferring responsibility for its data compliance overhaul from chief operating officer Anand Selva to Tim Ryan, the bank’s chief technology officer, according to a Financial Times report on Monday, citing four anonymous sources familiar with the matter.
Meet the Exec Tasked With Citi's No.1 Priority to Get Its House in ...
Oct 9, 2024 · In March 2023, Citigroup CEO Jane Fraser anointed Anand Selva, as the bank's chief operating officer. His mandate: oversee a deeply unsexy yet crucial initiative to regain compliance with...
Former Citigroup executive suing bank was fired for performance ...
The lawsuit alleges that Selva wanted to hide information because it would make the bank "look bad" and said Martin was fired on Sept. 25, 2023, in retaliation for her complaints.
Citi COO shares responsibility for data overhaul following $136 …
Sep 16, 2024 · Citigroup is stripping chief operating officer Anand Selva of his full responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address...