Wealth Management

Citi investigates wealth head Andy Sieg following HR complaints

Ex-Merrill Lynch wealth boss has been accused of intimidating and sidelining employees at the Wall Street bank

Andy Sieg sits on Citi’s executive team and has been tipped as a possible successor to chief executive Jane Fraser
Andy Sieg sits on Citi’s executive team and has been tipped as a possible successor to chief executive Jane Fraser Photo: Bloomberg via Getty Images

Citigroup is investigating its global wealth boss Andy Sieg following complaints about his behaviour at the Wall Street firm.

The US bank hired law firm Paul Weiss to carry out the probe into Sieg’s conduct after he was accused by former and current staff of intimidating and unfairly sidelining employees, Bloomberg reported.

WSJ Logo
The Man Behind Bank of America’s $13 Billion Tech AgendaExternal link

The Man Behind Bank of America’s $13 Billion Tech Agenda