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Citigroup includes a detailed discussion and analysis of Market Risk in its trad

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Citigroup includes a detailed discussion and analysis of Market Risk in its trading portfolios in its 10-K report. • 10-K for 2018: Primary discussion found on pages 101-105
• 10-K for 2005: Primary discussion found on pages 90-91
Discuss the changes in the level of disclosure between 2005 and 2018. As part of your discussion, please address the following points:
• Has the framework Citigroup uses for measuring Price Risk changed?
• What additional information about their risk management approach have they disclosed in 2018 over that of 2005? Provide at least three examples that you consider significant.
• In what ways has the lengthier discussion of 2018 added to your understanding of Citigroup’s price risk management over that of 2005?

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