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Citigroup executive accuses bank of discrimination [USA]

Author: Jonathan Stempel, Reuters, Published on: 25 October 2005

A senior Citigroup Inc. executive has sued the world's largest bank, saying it underpaid him and denied him promotions, and demoted him in retaliation for his complaints about racial and sex discrimination... Citigroup spokeswoman Christina Pretto said the bank will contest the lawsuit, which it believes lacks merit. [also refers to Smith Barney (part of Citigroup), Merrill Lynch, Morgan Stanley, UBS]

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Related companies: Citigroup Merrill Lynch (part of Bank of America) Morgan Stanley Smith Barney (now Morgan Stanley Wealth Management) UBS