# Viswas Raghavan was hired by Citigroup in February 2024 as its head of banking, just days after JPMorgan Chase told him he had no long-term future at the firm.

*business · news · 2026-04-30 · New York Post*

## Key points

- Viswas Raghavan received a $52 million pay package from Citigroup days after JPMorgan ousted him.
- JPMorgan had internally reviewed Raghavan's conduct for years, even cutting his pay over behavior.
- Citigroup did not disclose to shareholders that Raghavan was already told to leave JPMorgan.
- Raghavan is seen as a possible successor to Jane Fraser, sparking alarm among former colleagues.

**Companies:** Citigroup, JPMorgan Chase
**Countries:** United States

[Read the full story on New York Post](https://nypost.com/2026/04/30/business/citi-paid-ex-jpmorgan-banker-52m-bullying-allegations-report/)

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