Viswas Raghavan Joins Citigroup for $52 Million Amid Bullying Allegations
JPMorgan asked ‘star banker’ Viswas Raghavan to leave, Citi hired him for $52 million despite allegations of bullying
Hindustan Times
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Viswas Raghavan, a former JPMorgan executive, was hired by Citigroup for $52 million just days after being let go from JPMorgan due to reported bullying allegations. Despite the controversy surrounding his past behavior, Citigroup defended the hiring process, while Raghavan continues to oversee significant banking operations at Citi.
- 01Viswas Raghavan was hired by Citigroup for $52 million shortly after leaving JPMorgan.
- 02He faced multiple allegations of bullying during his tenure at JPMorgan.
- 03Raghavan made inappropriate comments about employees, including derogatory remarks.
- 04Citigroup defended its hiring process amid backlash over Raghavan's past.
- 05Raghavan has a distinguished educational background and significant banking experience.
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Viswas Raghavan, an Indian-born banker and former co-head of global investment and corporate banking at JPMorgan Chase, was recently hired by Citigroup for $52 million. His departure from JPMorgan was reportedly due to allegations of bullying, which included derogatory remarks about employees. Raghavan's controversial past resurfaced following recent allegations against another JPMorgan executive. Citigroup, where he now serves as head of banking and executive vice chair, defended the hiring process, stating it had been mischaracterized. Raghavan holds multiple degrees, including a Bachelor of Science in Physics from the University of Bombay and a degree in Computer Science from Aston University, UK. He is also a Chartered Accountant with the Institute of Chartered Accountants in England and Wales.
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