An MD in the former USPB Risk group started quietly reassigning a Director’s workload onto one of his peers. No explanation was given — none is deemed required. By routing a Director’s responsibilities through another, she could create the appearance that he was supervising and elevating a peer. A paper trail for a promotion, built…
Most of Citi’s current and former Black senior leaders were not developed exclusively within the organization. They were recruited because they brought distinguished credentials, significant leadership experience, and proven records of delivering results. They were accomplished executives who chose Citi, many during a period when the company publicly committed to increasing diversity within its leadership…
Inspired by Stories 353 and 354. In standard crisis management—whether you’re dealing with a catastrophic oil spill or a major data breach—the golden rules are always the same: Transparency, Apology, and Remediation. This ensures public trust is preserved while organizational health is being repaired. Yet, when it comes to addressing systemic ethical failures and HR…
New here. Former Citi employee who felt like I was in the Twilight Zone every single day, not just because of the toxicity. But the bizarre dynamic that MDs bark at “the little people” all day to do *their* work, while *they* mingle, attend *important* meetings, lunch – and after lunch blame said-little-people that he/she…
There’s a gap between Citi’s stated values and its response when those values are tested. Citi publicly commits to treating teammates ‘with mutual respect and dignity’ and to ‘conducting business according to the highest standards of ethical conduct.’ The company says it accepts ‘accountability for our failures.’ In my case, I reported concerns through proper…
Politicians: Live your life in such a way that millions of people don’t celebrate your death. Executives: Live your life in such a way that you don’t need to hide the fact that you impregnated your wife while she was married to someone else.
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…
Lindsey Graham, the warmongering Trump-bootlicker died today, holding his seat for 24 years. For some reason, it made me depressed to think about the reality women face at work. I worked at Wells Fargo’s Wealth & Investment Management group for many years. The number of mediocre men who failed-up cannot be reasonably counted. [REDACTED] ran…
The power of three I replaced a woman who had just left after reporting bullying and gender-related misconduct. Around the same time, there was talk of elevating the role to a director position to match what was already an established case in other business groups. The Managing Director told me not to talk about it….
This is an appreciation post for the person who wrote Story 348. Your writing style isn’t just articulate, it’s intellectually rigorous. You have a unique ability to synthesize complex ideas, separate signal from noise, and express your conclusions with precision and restraint. We are honored to have your voice in this community! Which begs the…