anyone have a workable behind the paywall link?
appress to address his JPM departure
11 replies (most recent on top)
That's true, Babu from Seinfeld !
He is a VERY BAD MAN. A VERY BAD MAN!
Everything in life is relative, including time according to Einstein, as well as physical attractiveness.
Consequently, relative to Citi, Bank of America is a real bank.
@e6 what makes you think Bank of America is a 'real' bank very different from Citi? If you go to the BoA layoff forum, the complaints from employees there are no different than Citi's. As for Barclays... They're so dysfunctional due to politics between 'Group' and US. Always political tussles and onemanupmanship wasting time.
In Tech, several "managers" have anger management problems, lambaste, yell at and insult staff daily including publicly during Zoom meetings in front if other employees.
This is normal in Tech. None of them have gotten fired or even admonished for their behavioral and psychiatric problems.
Citi and its "managers" have the Dunning-Kruger Syndrome. They're unaware of their dysfunctional, incompetent and toxic behavior. In fact they believe they're good workers and competent.
Hence, Citi is in a vicious cycle of incompetence, toxic corporate culture, Consent Orders, MRIAs, operational Fvck Ups, Tech Fvck Ups, Labyrinthine Spaghetti-Maze Stone Age "technology"......basically FUBAR beyond all help and hope.
Employees and the media already gave up on Citi long ago.
Just sell the "bank" in whole or pieces, it doesn't matter, to the Real Banks: Bank of America, JPMC, GS, Morgan Stanley, Barclays, etc..
So of course, Vis is joining Desibank and is a JPM dreg who couldn't hack it at a Real Bank, JPM.
Birds of a feather flock together.
You're correct.
I call BullSh!t on Citi for claiming it took only one month, 2 months at most to onboard Vis including background check especially at his Executive Management level and compensation package.
The normal time range is 6 months minimum to 2 years.
Many top performers have anger management and impatience issues. The thing is that for bulge bracket banks at least (GS, JP, Citi, Wells etc.), revenue is top of the house and revenue generators are kings...untouchable as long as they don't do some big, easily provbable scandal like s-xual harrassement etc. JP is probably stricter on these things than the others but reduced wages/bonuses is just a temporary slap on the wrist till a big deal with lots of $'s comes in...then all is forgotten...till the next time someothing rude is said to someonewho can prove it.
Citi is the worst at this, of course...even if JP cares for optics purposes only, Citi stopped all pretence of even that. Repeat offenders galore at Citi because let's hear it...when was the last time somone at Citi was fired for a behaviorial issue?
Citi told the FT that “the process for how Vis joined Citi has been mischaracterised . . . It began in January 2024, lasted more than a month and included internal and external diligence as well as direct participation from Citi’s senior leadership and board of directors.”
Has anyone seen a hire made in a month at Citi, let alone one at this level? 😂
https://removepaywalls.com/https://www.ft.com/content/6584b0fc-ea9e-4a0d-80ea-dde8b1063545
He has a temper and insults staff. Notice a pattern here with Andy too