Tag Archives: citibank

Citibank wins employment tribunal against banker claiming expenses for his partner’s sandwich

Citibank has won an employment tribunal after dismissing a worker who claimed subsistence expenses for himself and his partner, and denied it. Szabolcs Fekete had accused the bank of unfair dismissal after he was fired in 2022 for gross misconduct. …

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Why a mistake in London is more of a blunder in New York

Last year, Citibank committed one of the most embarrassing blunders in recent Wall Street history. The bank, acting in its capacity as Administrative Agent for a syndicated loan taken out by Revlon, had intended to wire approximately $8 million in …

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