Sometimes, football really does deliver the perfect underdog story. FC Thun have been crowned Swiss Super League champions for the first time in their 128-year history. FC Thun, who hail from Switzerland’s 11th biggest city, have done the unthinkable
As vote counting unfolds across key states, the BJP’s strategic prowess, spearheaded by Amit Shah, is once again evident. His meticulous booth-level organisation and data-driven approach, honed over the years, are credited for the party’s strong performance
Looking for a summer drink that’s both energising and hydrating? Coconut coffee blends caffeine with natural electrolytes, making it a smarter and cooler alternative to your usual brew. Light, hydrating, and surprisingly delicious, this trending drink is gaining popularity online for all the
Taiwanese chip designer said it has appointed former executive as a part-time adviser as it steps up work and expands into the AI chip market. Assembly Elections 2026 Yu joined TSMC in 1994 and retired in 2025, holding a range of roles in backend research and development
The remarkable revival of eBayThe internet’s flea market is back—and GameStop wants to buy it Published on: May 04, 2026 1:49 PM IST The Economist Share via Copy link The first thing sold on eBay was a broken laser pointer. In 1995 Pierre Omidyar, the founder
Indian-Origin Banker Set To Earn Rs 500 Crore At Citigroup Faces
Indian-Origin Banker Set To Earn Rs 500 Crore At Citigroup Faces 'Bullying' Allegations From JPMorgan Chase, Internet Divided
An Indian-origin investment banker set to earn nearly Rs 500 crore at Citigroup has come under renewed scrutiny after fresh allegations surfaced about his conduct during his previous tenure at JPMorgan Chase.
Viswas Raghavan, currently serving as Citigroup’s head of banking, was appointed to the role in February 2024. His hiring came just days after he was reportedly informed by JPMorgan that he had no long-term future at the firm.
At the time, Citigroup offered him a compensation package worth $52 million (approximately Rs 490-Rs 500 crore), positioning the move as a strategic hire aimed at strengthening its leadership bench.
However, an investigation by the Financial Times, based on discussions with more than 15 individuals familiar with the situation, has showcased a more complex picture. According to the report, Raghavan’s time at JPMorgan was marked by repeated complaints regarding his workplace behaviour.
Several colleagues alleged that he frequently used harsh and demeaning language, at times referring to staff as “a waste of calories," “ignorant", and “inadequate."
In one particularly contentious incident, he was accused of making inappropriate remarks to a group of junior bankers on their first day. As per The New York Post report, Raghavan shared a personal anecdote about a woman he once found attractive before remarking that she was now overweight. The comments reportedly led to formal complaints, though they were later denied when the matter reached human resources.
Some colleagues went further, describing him as a “bully," arguing that his conduct stood out even within the high-pressure culture of global investment banking. His management style is said to have triggered multiple internal reviews during his 23-year tenure at JPMorgan, with concerns escalating to senior leadership, including CEO Jamie Dimon. At one stage, his compensation was also reportedly reduced due to behavioural concerns.
Another controversial claim suggested that Raghavan once described his leadership style in crude terms, allegedly saying he would “grab them by the b***s." His spokesperson has denied this assertion, along with accusations that he relied on coarse or inappropriate language in professional settings.
Despite the allegations, Citigroup has firmly defended its decision to bring Raghavan on board. The bank stated that the recruitment process began in January 2024, lasted over a month, and involved extensive internal and external due diligence, including participation from senior executives and board members.
It maintained that the hiring process had been mischaracterised and described Raghavan as “a proven leader with a well-earned track record for driving results."
The controversy is notable given Raghavan’s otherwise strong reputation in the industry. Over more than two decades at JPMorgan, he rose to become one of its most senior investment bankers, playing a key role in expanding its European operations and leading major deals.
Since joining Citigroup, he has been credited with bolstering its investment banking division, attracting top talent, and contributing to strong financial performance.
Even as questions persist over his past conduct, Raghavan is now viewed by some industry insiders as a potential successor to Citigroup CEO Jane Fraser, a prospect that continues to spark debate within financial circles.
Source: News18
Related Posts: Citigroup layoffs Meta, BlackRock, Citigroup Begin Year With Hundreds Of Job Cuts Indian-origin man found innocent after 43 years in jail but now faces deportation Vaibhav Sooryavanshi Set To Earn India Debut Investment Banker Lists 5 Folders You Must Save In Computer For Your Family Former senior banker executed in China for taking $155 million in bribes US banker quits JPMorgan to work for MrBeast Reddit backs banker complaining about manager’s leave denial How A Silent Retreat Changed This Ex-JPMorgan Banker’s Life China Emerges As Global Banker
Harsh Goenka welcomes BJP’s Bengal surge: ‘Development will be back, jobs will follow’In a post shared on X this afternoon, Harsh Goenka claimed that West Bengal’s business community is “absolutely delighted” with the results of the elections. Published on: May 04
Just now
The government has announced slight revision in Dearness Allowance (DA) for bank employees for the months of May, June and July 2026, which will increase salaries for workmen and officer employees. Across employee levels for basic salary between ₹48,000-1,17,000
Just now
Janhvi Kapoor shares statement shutting down rumours about being addicted to alcohol: 'This is deeply concerning'After discussing her alcohol consumption in a podcast, Bollywood actor Janhvi Kapoor clarified she was not addicted in a statement. May 4, 2026
Just now
The Institute of Chartered Accountants of India (ICAI) has released the full schedule for the September to November 2026 cycle of Chartered Accountancy (CA) examinations. The timetable includes CA Foundation, CA Intermediate, CA Final, and two post-qualification member examinations
1 minutes ago
Hantavirus outbreak: It has left three people dead and one in critical condition on a cruise ship in the Atlantic Ocean. Hantavirus outbreak: A hantavirus outbreak aboard a cruise ship in the Atlantic Ocean has left three people dead and one in critical condition, prompting a global health response
1 minutes ago
Young men are souring on Donald TrumpBut can Democrats win them over? Updated on: May 04, 2026 1:43 PM IST The Economist Share via Copy link WHEN IT comes to making a show of manliness, few politicians can match Donald Trump. One day he is swaggering into a cage-fighting stadium to the tune of Kid
Just now
BHEL Q4 Results: State-owned Bharat Heavy Electricals Ltd (BHEL) on Monday reported a 154.47 per cent year-on-year (YoY) surge in its consolidated profit to Rs 1,282.68 crore for the fourth quarter ended March 31, 2026. Its revenue from operations in January-March 2026 increased 36
Just now
Kimi Antonelli's impressive victory in the Miami Grand Prix, his third win in a row, was "something special", says 1996 world champion Damon Hill. "We witnessed this young boy showing us what enormous potential he clearly has, and I'm almost stunned with how he has coped this season
1 minutes ago
The United States will launch an effort on Monday (May 4, 2026) to “guide” stranded ships from the Iran-gripped Strait of Hormuz, President Donald Trump said, giving few details about what could be a sweeping effort to help hundreds of vessels and some 20,000 seafarers
1 minutes ago
BMW M440i convertible: The new model sits between everyday luxury convertibles and high-end sports cars. It is priced at Rs 1.09 crore (ex-showroom). BMW M440i convertible: BMW India has launched the BMW M440i Convertible at Rs 1.09 crore (ex-showroom)
1 minutes ago
Rudy Giuliani, the former New York City Mayor and a long-time champion of President Donald Trump, is in a "stable but critical condition" in hospital, his spokesman Ted Goodman said in a social media post on Sunday. Shortly after Goodman's post was published
1 minutes ago
Who Won West Bengal Election:The Bharatiya Janata Party is leading significantly over the All India Trinamool Congress in the West Bengal Assembly elections, according to the latest Election Commission of India trends. BJP's Suvendu Adhikary holds a lead in Nandigram
1 minutes ago
Fermented Bamboo Shoot Pickle With Probiotic-Rich Ingredients For A Light and Healthy Addition To Indian MealsFermented bamboo shoot pickle is a probiotic-rich Indian condiment made with bamboo shoots and spices, offering gut-friendly benefits and a low-calorie meals. Published on: May 04
1 minutes ago
As of April 2026, an intense and early heatwave has placed India at the center of a global climate crisis, with temperatures in many regions soaring past extreme levels, and 98 of the world’s 100 hottest cities located within the country. While most people are aware of what extreme heat does to
1 minutes ago
HPBOSE HP Board 12th Result 2026: Himachal Pradesh Class 12 results declared, direct link hereHPBOSE HP Board 12th Result 2026 has been declared. The direct link to check Himachal Pradesh Class 12 results is given here. Updated on: May 04, 2026 1:37 PM IST By HT Education Desk | Edited by Papri
1 minutes ago
There are certain days in the Hindu calendar that feel deeply transformative, moments when devotion is believed to carry a greater spiritual weight, and Apara Ekadashi is one of the most powerful among them. Observed during the Krishna Paksha of the Jyeshtha month and dedicated to Vishnu
1 minutes ago
Nukkad Naatak, Haq, Kennedy and more: How streaming is giving a second life to theatrical outcastsStreaming platforms are increasingly ensuring that indie and small films like Nukkad Naatak, Haq, Kennedy, and Dhadak 2, are finding new audiences. May 4, 2026
1 minutes ago
Gujarat Titans are winning matches despite not playing their best cricket. Jason Holder highlighted the team's collective effort in securing victories. The focus remains on accumulating points to build momentum for the IPL playoffs. Consistent performances are key as the team aims for further
1 minutes ago
A truck driver has been lightly injured after a United Airlines plane clipped his vehicle and a streetlight as it approached Newark Airport in New Jersey on Sunday. The Boeing 767, operating a flight from Venice, Italy, managed to land safely
1 minutes ago
Days after a major conference of India’s Ambassadors and High Commissioners, where they were urged to be more “proactive” in projecting India’s message worldwide, Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar are kicking off a busy summer season
1 minutes ago
How Iran’s chief sanctions buster went from death row to cryptoBabak Zanjani has emerged at the forefront of Iranian efforts to skirt sanctions after being sentenced to death a decade ago. Published on: May 04, 2026 1:57 PM IST WSJ Share via Copy link Babak Zanjani had been on death row for years
1 minutes ago
Neymar would be feeling at his most ‘Taylor Swift’ right now — he could swear he doesn’t love the drama, but it just loves him. The Santos star, who has been in the spotlight for better or worse lately, has now made the headlines for what is reported as a physical tussle with Robinho Jr
1 minutes ago
Love mangoes? Make this must try double mango salad in rice paper cup recipe: See step-by-step preparationThis is not your regular mango salad! It is crispy, fancy and uber-cool with all the right flavour notes, from sweet, tangy to spicy. Updated on: May 04
1 minutes ago
A tanker was hit by unidentified projectiles off the coast of the United Arab Emirates, a British maritime agency reported on Monday (May 4, 2026), as the United States said it would escort ships through the blocked Strait of Hormuz. "A tanker has reported being hit by unknown projectiles
1 minutes ago
An Indian-origin investment banker set to earn nearly Rs 500 crore at Citigroup has come under renewed scrutiny after fresh allegations surfaced about his conduct during his previous tenure at JPMorgan Chase. Viswas Raghavan, currently serving as Citigroup’s head of banking
1 minutes ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Amazon Summer Appliance Fest: Get up to 75% off on coolers, ceiling fans, juicers and moreBuyers can get massive discounts on the purchase of ceiling fans, coolers
1 minutes ago
This rally coincides with rising Asian stocks and reflects optimism regarding potential US legislation on stablecoins. The cryptocurrency Bitcoin has spiked above $80,000 for the first time in more than three months as Asian stocks approached record highs. Bitcoin climbed as much as 1
1 minutes ago
