Citi's $52M Banker Vis Raghavan Faces Bullying and Sexism Allegations from JPMorgan Tenure
Citi’s $52M banker Vis Raghavan accused of bullying, sexist remarks at JPMorgan: ‘Waste of calories’
Hindustan Times
Image: Hindustan Times
Viswas Raghavan, a senior banker at Citi with a $52 million pay package, faces serious allegations of bullying and sexist remarks from his previous tenure at JPMorgan Chase. Despite his controversial history, Raghavan is considered a potential successor to Citi CEO Jane Fraser, raising concerns among colleagues.
- 01Viswas Raghavan was previously employed at JPMorgan for nearly 24 years before being let go due to behavioral issues.
- 02He is currently a senior banker at Citi, where he earns a $52 million pay package.
- 03Allegations against Raghavan include bullying and making inappropriate sexist comments.
- 04His controversial leadership style has led to multiple complaints and internal reviews at JPMorgan.
- 05Raghavan's potential rise to CEO of Citi has alarmed some colleagues, given his troubled past.
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Viswas Raghavan, a senior banker at Citigroup, has been accused of bullying and making sexist remarks during his 24-year tenure at JPMorgan Chase, according to a report by the Financial Times. Raghavan, who was let go from JPMorgan in early 2024 after concerns about his behavior surfaced, is currently earning a $52 million pay package at Citi. Colleagues at Citi are reportedly alarmed by his potential candidacy to succeed CEO Jane Fraser, given his history of problematic behavior. Witnesses at JPMorgan described Raghavan as having a shocking temper, often berating employees with offensive language and making derogatory comments. One notable incident involved Raghavan making inappropriate remarks about a woman’s appearance in front of junior employees, which prompted complaints to the HR department. His exit from JPMorgan followed a leadership reshuffle by CEO Jamie Dimon, after which Raghavan quickly secured a role at Citi, announced the very next day.
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The allegations against Raghavan could affect Citigroup's reputation and employee morale, especially if he is considered for a higher leadership role.
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