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Fraser’s “Culture Shock” vs. The Middle Management Reality Check Let’s put two realities side by side and look at what’s actually happening on the ground at Citi. A senior executive recently justified the ongoing turbulence by saying it is usual “to have fallout when you bring in new leaders, and that’s exacerbated when you bring…

Sexual harassment allegations in the Private banking sector of a leading Asian financial hub that enables Family office setups is increasingly portrayed as evidence of systemic protection for those in power. Survivors and advocacy groups allege that law enforcement, regulatory bodies, and other authorities have suppressed complaints for too long to safeguard institutional standing and…

I’m one of several women at a Citi location in the U.S. who experienced sustained harassment from a senior leader who was repeatedly given a pass despite repeated HR violations. I’m not naming the location out of concern about retaliation but if I did, the ER personnel would know exactly what I mean. One told…

Citi’s consent order on risk management and the consent order on data are not independent. Yet, the organization has decoupled them to check the box on one while the prerequisite for doing it properly remains unmet. Out of strategy for closure. All the while understanding their dependency. Risk management systems rely entirely on underlying data….

The Financial Times reported today that another lawsuit has been filed against Citi by a former executive in its wealth division. The allegations involve risk management, compliance concerns, and claims of retaliation after concerns were escalated internally. Citi has denied the allegations and stated that the lawsuit has “absolutely zero merit.” As always, allegations are…

We are pleased to announce that our redesign is looking fabulous. Not only is the site gorgeous, it has search, the ability to upvote posts, make contact with journalists, and more! But due to the fact that Wall Street goes quiet in the month of August, we have decided to delay our go-live until early…