Key facts
- A former Citigroup executive alleges she was fired after raising concerns about the bank's efforts to court Donald Trump as a client.
- The executive claims her dismissal was retaliation for flagging compliance and risk-management issues.
- The lawsuit cites concerns about 'know your customer' checks and the potential opening of an anonymous account for Trump.
- Citigroup denies the allegations, calling the lawsuit meritless.
A former Citigroup executive has filed a lawsuit alleging she was fired in retaliation for raising concerns about the bank's efforts to secure Donald Trump as a client and its internal risk-management procedures. The executive, identified pseudonymously as Jane Doe, claims her dismissal followed her flagging of deficiencies, including issues with 'know your customer' protocols and the potential for an anonymous account for Trump. Citigroup has vehemently denied the allegations, stating the lawsuit lacks merit and will be contested in court.