Citi Chief Compliance Officer Mary McNiff will step down from her current position later this year and accept another post within the bank, according to an internal memo distributed Friday by Chief Executive Jane Fraser.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...