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  • Story 343

    I was recruited by an MD in USCC Risk for a role I was told would come with 5 direct reports — a management seat, in line with the director-track conversation we’d had very explicitly. I didn’t interview with her in the final round. When I noted that at the time, I was told it…

  • Story 342

    This website is not easy to search but if you take five mins to randomly click on old stories, you will be amazed at what you find. The headlines are about discrimination, retaliation, careers derailed, and institutions that abused their power, of course. But they are about something bigger and more profound: They are about…

  • Story 341

    Dear Story 340, do not be discouraged or dismayed. What you are noting is a textbook corporate counter-offensive to a perceived threat: the impact of truth-telling thanks to the Wall Street Discriminates platform. Here’s what I would like to point out: First, on the question of Fraser’s relationship with Trump: let’s be precise about what’s…

  • Story 340

    Bloomberg published a lovely profile of Jane Fraser today, crediting her “serious political savvy” for Citi’s recent turnaround. What struck me isn’t what the story said. What struck me is what it didn’t. The piece praises Fraser’s ability to navigate Trump’s ego but never acknowledges that, just a few years ago, Citi was among corporate…

  • Story 339

    Abdication by Appointment There is a particular kind of leadership failure that manifests dressed as delegation. At Citi, a Group Head in ERM Tech & Data who does not want to manage — who finds the work of leading too uncomfortable, too exposed — has options. One of them is to place someone between himself…

  • Story 338

    To Story 337: Good for you to build a side-hustle that will sustain you into your later years. If I had known that sexism would be as problematic as it is, I would have done the same thing. I don’t have a single girlfriend who is over 50 looking for work that gets past the…

  • Story 337

    I worked at Wells Fargo for 27 years. I left much earlier than planned, because I could no longer tolerate being overworked, under-recognized, and treated as the woman who could carry everything while our only male team member was valued above everyone else, even though his contribution was laughable. I saved Wells Fargo more than…

  • Story 336

    Dear Story 335, I, too, am a regular reader. It seems likely, from the breadth of stories, that Citi’s independent risk functions may be compromised. Similar concerns have been raised in the past about other institutions. For example, regulators found that a lack of independence of control functions contributed to the issues at Wells Fargo…

  • Story 335

    Since this forum has launched, the volume of discrimination, harassment, bullying, and retaliation complaints surfacing here speaks for itself and it is staggering. Here is the irony: Citi has built an ‘Issues, Concerns & Complaints’ escalation tool as part of its 2020 Consent Order — ostensibly to capture these incidents and route them to the…