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Citigroup on Tuesday forcefully rejected accusations by a former managing director who sued the bank over alleged sexual harassment by wealth management chief Andy Sieg, saying she expressed “steadfast” support for him and that her case belongs in arbitration. The third-largest US bank petitioned the federal court in Austin, Texas, to move Julia Carreon’s case behind closed […]
Citigroup was sued on Monday by a former managing director who said she was forced out after being sexually harassed by Andy Sieg, who oversees the bank’s wealth management unit and is one of the bank’s top executives. In a complaint filed in Manhattan federal court, Julia Carreon, who was global head of platform and experiences, […]
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup on Tuesday posted first-quarter results that exceeded analysts’ estimates as […]
Citigroup CEO Jane Fraser will slash the number of bankers getting year-end promotions as the Scottish-born executive looks to clamp down on costs, according to a report. Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from 8,000 in previous years, the […]
