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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Finance

Finance

Citigroup asks employees to speak up about inappropriate behavior

A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange
A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, ... A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. CREUTERS/Brendan McDermid//File Photo
A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange
A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, ... A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. CREUTERS/Brendan McDermid//File Photo

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Citigroup asks employees to speak up about inappropriate behavior. Following a managing director’s lawsuit against the business this week, in which she claimed she was sexually harassed by an equity manager, a top Citigroup (C.N.) official encouraged staff members to report any inappropriate behavior they witnessed.

Citing a recently filed case, Citigroup’s global head of markets, Andy Morton, stated in a message delivered on Tuesday that “no colleague should ever be subjected to discrimination or harassment.” “We will take decisive action when we determine unacceptable behavior has taken place.”

Bloomberg first published the message on Wednesday. Ardith Lindsey, the managing director, filed a lawsuit against the bank in New York, claiming that it dismissed her grievances over Mani Singh, the head of cash equity execution services for North America Markets, until his resignation in November of last year.

Lindsey accused Citigroup of tolerating a “notoriously hostile” environment in its equities division and said Singh subjected her to sexual harassment and abuse, including death threats.

Requests for comment made to a lawyer representing Singh in an unrelated lawsuit were not immediately answered. Citigroup said earlier that it would defend against Lindsey’s claims.

“Part of everyone’s role in creating a culture of the highest standards involves stepping in at the moment we see something wrong,” Morton wrote. “If you experience or witness inappropriate behavior, you can raise your concerns through official channels without fear of retaliation,” including with managers, human resources, or the company’s ethics hotline.


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