OCC withdraws amendment to Citi consent order

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Office of the Comptroller of the Currency on Thursday lifted a portion of Citi’s compliance burden related to long-standing issues in its data quality, risk management and internal control functions. The agency withdrew a 2024 consent order amendment that required the bank to submit a resource review plan, wherein the bank was to lay out the financial, human and ...