Citi Private Bank Issues New White Paper “Protecting the Privacy of the World’s Wealthiest Families”
Citigroup, Inc. (C)
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Source: Business Wire
The Global Family Office Group Guide to Mitigating Potential Reputational Risks NEW YORK--(BUSINESS WIRE)-- Citi Private Bank has released a white paper focused on the increasingly prevalent privacy threats that wealthy families and their family offices are facing. The white paper also explains how they can identify, manage and mitigate those risks and can be accessed on the Citi Private Bank website here. The white paper aims to provide family offices with an understanding of the types of privacy threats that can cause damage to a wealthy family’s reputation and a three-step framework to help them tackle these challenges as part of a robust risk management program. This includes an audit of potential risks, assessment of the likelihood of a family’s privacy being breached and the actionable steps that can be taken to mitigate risk for different scenarios wealthy families may encounter.
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