Citigroup head Viswas Raghavan faces bullying allegations from JPMorgan Chase
NewsBytes | May 4, 2026 12:39 PM CST
Citigroup defends $52 million hire
Despite the controversy, Citigroup says it did its homework before bringing Raghavan on board with a $52 million package.
The bank highlights his leadership skills and insists he's the right fit for the job.
Citigroup described Raghavan as "a proven leader with a well-earned track record for driving results" and said it was "thrilled" to welcome him.
Raghavan's spokesperson has denied using coarse language at work.
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