ET 18:33

Former Citigroup (C) Executive Alleges Retaliatory Firing Over Trump Compliance Concerns

IMP6.5
SNT-0.8
CONF80%
Operational

A former Citigroup executive has filed a lawsuit alleging wrongful termination in retaliation for raising regulatory and compliance risks related to the bank's efforts to court then-U.S. President Donald Trump as a client. The allegations were reported by the Financial Times on June 15, 2026. The lawsuit claims the executive was dismissed after identifying potential issues associated with pursuing Trump's business. This legal action highlights potential governance and reputational challenges for Citigroup.

EditorWong Mei Ling