Ex-Citi executive says bank sacked her after raising Trump concerns
Financial Times 2026-06-16 22:47:54
Context: A former executive at Citigroup has filed a lawsuit against the bank, alleging that she was fired after raising concerns about risk-management practices related to former US President Donald Trump's business dealings. The lawsuit claims that the bank's actions were motivated by a desire to silence her warnings. The case has raised questions about Citigroup's handling of risk and compliance.
Key Facts
- The former Citigroup executive claims in her lawsuit that she was terminated from her position after bringing to light issues with the bank's risk-management practices.
- The lawsuit alleges that the executive had identified potential risks associated with Citigroup's business dealings with or related to former US President Donald Trump.
- The executive's lawsuit asserts that she was sacked by Citigroup in retaliation for her efforts to raise concerns about the bank's risk-management practices.
- The case has significant implications for Citigroup's risk management and compliance procedures, as well as its policies on employee whistleblowing and protection.
- The lawsuit was filed by a former employee who had been working at Citigroup in an executive capacity, although the exact nature and duration of her employment are not specified.