Citi women asked to sign NDAs agreeing not to bring harassment claims when they leave
Banks have ways of preventing people from talking.
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Banks have ways of preventing people from talking.
Allegations of sexual harassment and drug use in Citigroup's equities division echo a lawsuit filed against the bank late last year.
Bankers from Citigroup Inc. were partying with clients one night in May 2018 at a downtown Manhattan hot spot called Catch.
Citigroup, which three years ago made history by appointing Jane Fraser as the first female CEO of a major US bank, has led rivals on many measures of a more equitable culture. Yet behaviour at the NY unit stands out even in an industry that struggles to make women feel welcome.
Over at least a decade, Citigroup employees openly ogled female colleagues, rated them by their looks and bragged about their sexual conquests.