Category Archives: Uncategorized

80% Done. Just Missing the Lines of Defense Structure. Citi’s Consent Order began in 2020. By the bank’s own account, remediation is near complete. A Data Risk function in the second line of defense — the independent oversight…

A former Director from DART who joined ERM Product into an MD role exhibited a troubling pattern of conduct toward a woman on her team — one who held greater seniority and demonstrated stronger leadership than the MD…

What does not surprise me is that it’s Citi. What does surprise me is that it’s Citi US. I started my career at Citi in India, in a back-office team supporting global investment banking operations. Interestingly, I wasn’t…

Watching commentators on the Golf Channel discuss Phil Mickelson’s banishment from his club got me thinking about how when action against influential people occurs, it’s natural to wonder what happened behind the scenes. The public rarely has access…

Thank you Story 318 for this post. Building on this. This isn’t just an awkward shoutout over a ranking nobody at Citi can actually find — it’s the public capstone on a relationship that’s been quietly forming since…

Donald Trump’s decision to publicly praise Citigroup and Jane Fraser for an M&A ranking Citi does not actually hold is a remarkable moment in itself. Multiple financial news outlets noted that the ranking cited by Trump did not…

No one has discussed Citi’s accountability framework, the HR tool that maps disciplinary actions to categories of offense, ranging from warning to termination. In principle: consistent consequences regardless of rank. In practice: a tool that is not being applied…

Prompted by Story 315. A pattern, once seen, cannot be unseen. ERM Tech & Data at Citi seems to operate a pattern that repeats with enough consistency to constitute policy. There was a male Director. Caucasian. Several decades…

A Forensic Autopsy of a Career Assassination: The Promise. The Reorg. The Demotion. There is a particular kind of institutional betrayal that is engineered to look like circumstance. In ERM Tech & Data at Citi, where in-group loyalty…

When the Coverup Becomes the Crime: A Cautionary Tale from KPMG Last week, the CEO of KPMG Australia resigned without notice. While he wasn’t personally implicated in wrongdoing, how he handled it when others were, precipitated his demise.…