Citi called it transformation. It fossilized in place. There was a reorganization. We were told it would put the right people in the right roles. Performance would be managed. This institution was serious about change. What happened instead…
To Story 231, I am a retired advisor from Merrill, and feel terribly for your friend. As a woman who made her career in the 1980s, I know all too well the culture you’re describing. I looked at…
The Charlotte market executive for Merrill Lynch shared the ‘2026 Forbes ‘Best in State Wealth Advisors’ celebrating his team on LinkedIn yesterday – Several years ago, I was first hand witness to a peer female intern enduring weeks…
There is a manager in Rutherford — a long-time protégée of a senior data executive in Citi’s Data organization — who arrived in a Tech group without any relevant technological background. No engineering history. No product experience. No…
As the chair of a fintech board, I want to respond to stories 227 and 228. BoD’s have a clear legal responsibility to set the tone at the top; oversee ethics, conduct, and culture; and address executive misconduct…
*This story has been edited. See below for detail. My story involves one of Wall Street’s most powerful lobbying organizations in Washington, Investment Company Institute and its CEO Eric Pan. Pan is known to act out towards his…
I was a 19-year employee in Citi Wealth when I was displaced in January. I won’t say which department or regions I worked in to avoid being identified. Either way, the company, thanks to Jane Fraser and [REDACTED],…
I saw Citi posted record earnings today. Good for them. Anyone, like me, who chooses to work at a bank is a capitalist so no judgment. That said, it’s fair to ask whether the firm might be even…
When the institution betrays those it employs for their livelihoods. Managers who don’t manage. Leaders who don’t lead. There’s a question that gets wielded like a weapon at Citi: If you’re not happy, why don’t you leave? It…
I recently left Citi but feel compelled to share what I was subjected to during my tenure. Verbal Abuse: Frequent use of profanity and aggressive language during professional discussions. Coercive Deadlines: A “do or die” management style involving…