business / news / / Times of India
Viswas "Vis" Raghavan joined Citigroup as head of banking in February 2024.
Vis Raghavan faced multiple internal reviews and a pay cut at JPMorgan due to behavior issues.
KEY POINTS
- 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
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