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00:03A former Citigroup wealth management executive sued the bank on Monday in federal court in
00:07Manhattan, alleging she faced sexual harassment from senior leader Andy Sieg, according to
00:12Bloomberg. Julia Carrion, who left the firm in 2024, said she endured months of harassment
00:18and accused Citigroup of operating a weaponized human resources department.
00:24Citigroup previously hired a law firm to investigate complaints from current and
00:27former staff who accused Sieg of intimidation and unfair treatment.
00:32Chief Executive Officer Jane Fraser said she was comfortable with the outcome of that probe.
00:37In November, Citigroup expanded Sieg's responsibilities to include oversight of the retail business.
00:42Carrion alleged Sieg engaged in public and sexually charged conduct,
00:46which fueled rumors that caused distress and led to her departure.
00:50Citigroup said the lawsuit lacks merit.
00:53For all things money, visit Benzinga.com.
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