Ex-Citi Executive Sues Bank, Alleging CEO Ignored Harassment by Top Manager

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Ex-Citi Executive Sues Bank, Alleging CEO Ignored Harassment by Top Manager
A former senior executive at Citigroup has filed a lawsuit accusing the bank of failing to stop "unrelenting and egregious sexual harassment" by a high-ranking leader. The legal complaint targets Andy Sieg, the head of Citi's global wealth division. It was filed by a woman who previously led marketing for that same division. She claims the bank and its CEO, Jane Fraser, were aware of the alleged misconduct but did not intervene. The lawsuit states Sieg made repeated unwanted sexual advances. It alleges these actions created a hostile work environment. The plaintiff says she reported the behavior through official channels. She claims the bank's investigation was inadequate. Citigroup has stated it does not comment on pending litigation. The bank emphasizes it has strong policies against harassment. Andy Sieg has not publicly commented on the case. The lawsuit seeks a financial penalty from Citigroup. It also demands a court order requiring the bank to improve its internal procedures for handling harassment complaints.