Global Financial Management & Summary 1. What has led to this recent outbreak of scandals in the banking industry? 2. Are Citibank employees still adhering to Citi’s Code of Conduct? Matt himself? 3. Is Citi responsible for the acitons of outside contractors/ What is Citi’s potential liability? 4. What are the appropriate courses of action for Mr. Lelander with regards to these scandals and how can future ethical lapses be avoided?