In CCAR-adjacent functions — processes subject to federal oversight and with direct implications for how a bank represents its financial stability to regulators — governance exists precisely because the stakes of getting it wrong extend beyond the institution…
Haven’t seen anyone mention yet but Citi hired Paul Weiss to investigate complaints about [REDACTED], the Head of Wealth. The same Paul Weiss that just had its chairman resign due to emails with Epstein…?
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:…
The Head of Wealth at Citi—somewhat ironically given his reputation also the head of the women’s network—hosted a Women’s Day event with Martina Navratilova. It’s a visible gesture, but my day-to-day reality remains walking into meetings with 30+…
For forty years I worked inside one of the large wealth/wirehouse firms that dominate Wall Street. When I joined in the 1980s, the trading floor looked exactly as you might imagine: dark suits, louder voices, and almost no…
Wall Street End Game Was anyone else disturbed, when Ruemmler stepped down as CLO, by Goldman Sachs’ former CEO Blankfein’s comment that in years past, the firm wouldn’t have gone after bad actor employees for fear it might…
I found this site because of the Forbes article on “Whisper Networks.” At the time, I remember thinking it wouldn’t get past 50 or however many stories — but look at this now. Remarkable. Happy International Women’s Day…
Story 167, excellent point. Citi is always two steps ahead when it comes to corruption. Jane sure has her “stand by my man” routine down pat with this executive although we noted that she stood him up at…
To Story 166: This is less irony and more a deliberate counter-narrative strategy. Placing that individual visibly at the helm of the Women’s Network creates a documented record that can be deployed against existing discrimination claims — optics…
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…