business / news / / New York Post
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.
Viswas Raghavan received a $52 million pay package from Citigroup days after JPMorgan ousted him.
KEY POINTS
- 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.
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