A Managing Director in USCC Risk demonstrated a disturbing pattern of using performance reviews as a tool of retaliation rather than genuine evaluation. When an employee pushed back on an inaccurate mid-year assessment, the MD responded not by…
The lawsuit recently filed against Citi Wealth is, unfortunately, a familiar tale. The company follows a well-established playbook: employees who raise concerns can expect retaliation. I know because it happened to me. Shortly after COVID, I reported a…
Unemployable Elsewhere: How Tribalism Breeds A Parasitic Culture There is a particular kind of organizational failure that accumulates in meetings that resolve nothing, in systems built without use cases, in team members that cannot self-manage because no one…
I was about to share this when Story 324 dropped in. They dovetail together. The Euphemisms of Toxicity There is a particular kind of institutional violence that leaves no bruises. It operates entirely through language. Retaliation becomes “performance…
The Financial Times reported today that another lawsuit has been filed against Citi by a former executive in its wealth division. The allegations involve risk management, compliance concerns, and claims of retaliation after concerns were escalated internally. Citi…
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…