# Viswas "Vis" Raghavan joined Citigroup as head of banking in February 2024.

*business · news · 2026-05-03 · Times of India*

## Key points

- Vis Raghavan faced multiple internal reviews and a pay cut at JPMorgan due to behavior issues.
- Raghavan was told he had no future at JPMorgan before rapidly landing the Citigroup role.
- Citigroup paid Raghavan $52 million despite knowing he was already set to exit JPMorgan.
- Citigroup did not disclose to shareholders that Raghavan had been pushed out of JPMorgan.
- Despite the controversy, Raghavan is seen as a potential successor to Citigroup CEO Jane Fraser.

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

[Read the full story on Times of India](https://timesofindia.indiatimes.com/world/us/indian-origin-banker-viswas-raghavan-to-receive-52-million-from-citigroup-after-leaving-jpmorgan-amid-bullying-allegations/articleshow/130737659.cms)

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