A former Citigroup executive alleged in a lawsuit that the bank fired her in retaliation for identifying regulatory and compliance risks that, according to a Financial Times report on Tuesday, were related to Citi's efforts to court U.S. President Donald Trump as a client.
The complaint filed in Brooklyn federal court on Monday is heavily redacted but includes allegations that the former executive was fired shortly after raising concerns about the internal process for potentially taking on a client. The Financial Times reported the client was Trump, citing people familiar with the dispute.