Story 424
What’s your take on this post: Employee Relations thanked me for what they believed was exonerating my N+1. Pause on what that says about the process. Credible investigations are run by people at least as senior as the…
Stories
Story 423
Worked as a Regional MD for most of my career, primarily at Northern Trust and Wells Fargo’s Private Bank – retired now. Of course there was a constant parade of microaggressions and watching less talented men get promoted…
Story 422
A critical look at Citi’s restructuring This 2024 Fast Company piece deserves a critical read. To its credit, Citi was candid about some of its gaps. It admitted to insufficient compliance skills and said it hadn’t defined what…
Story 421
I was told I had an independent opinion from the group—and that was a problem. Let us sit with that statement for a moment. Early on, we had explicitly agreed that Risk Management should lead and have an…
Story 420
Story 380, Just last month, UK regulators fined Citi £4.7M for 970 payments that breached Russia sanctions between 2022 and 2025. Its screening missed the standard Russian corporate prefix “PAO,” and accounts tied to a sanctioned individual were…
Story 419
We audit the finances. Why not executive behavior? Kathleen Saxton’s piece in the Guardian last week makes a sharp point. Companies have audit committees, risk registers and external auditors, because “financial integrity is never entrusted to goodwill.” But…
Story 418
Story 412, Yes, indeed. Citi MDs are entitled, lazy, bossy, and selfish. For the uninformed reader, let me explain what that means. Entitled. Citi MDs think the title is an anointment in recognition of their talent. It’s just…
Story 417
The journey after speaking up I am writing this from my own personal experience of going through a full-fledged investigation at a local bank, in a country where NDAs are conveniently used to suppress matters. If sharing my…
Story 416
The investigation is lost at the first decision, not the last one. In the KPMG Australia case, someone decided to treat the whistleblower’s concern raised as a personnel matter, rather than a question of governance and audit integrity.…
Story 415
Where do you draw the line between toxic gossip and workplace misconduct? A Citi director in the UK couldn’t handle performance feedback from his MD. Instead of dealing with it, he kept drawing other people into the conflict.…