Here’s an irony only Citigroup could pull off: placing the Women’s Network under the leadership of a man whose own organisation has managed to “disappear” an astonishing number of high-profile women since he arrived, while proudly welcoming an army of white men to save us from diversity.
I cover Citigroup at an affiliate news agency in the UK focused on financial services. The Financial Times published an article today on [REDACTED] that raises two notable issues: questions about the rigor of Citi’s due diligence process and whether the firm should have been aware of prior workplace concerns surrounding his departure from JPMorgan….
The Government Contractor Shield Citi invoked government contractor status to mandate COVID vaccines — a legally and politically contentious decision that affected every employee globally. It was framed as compliance obligation rather than corporate choice. The message being: our hands are tied by our relationship with the government. Then when the Trump administration dismantled DEI…
A friend posted a link to this article on Instagram. Before I clicked on it, was outraged that it was propaganda written by a man – only to realize it was a site set up by women, at which point I was worried for their safety but also in awe. Cheering them on. More of…
Let’s discuss why the women of Citibank are so angry. In 2012, a sales guy in markets wrapped his car around a tree while driving drunk in the middle of the day with his two small kids in the back seat. It wasn’t a minor incident. The car took down a utility pole. His blood…
I am a retired EVP at Wells Fargo. In my role, I provided regular updates to Carrie Tolstedt because my team managed a product the community bank sold. It was widely understood that she was up to something nefarious, but no one acted because of the power she held, and because John Stumpf either enabled…
Having spent nearly 25 successful years as a senior leader in wealth management, and one of the few women, I have never experienced anything like what transpired at Citi. I remain perplexed, disappointed, and shocked by the firm’s actions and its continued disregard for the damage caused to a previously unblemished career. Throughout my tenure…