10:05 AM EDT, 08/20/2025 (MT Newswires) -- Citigroup ( C ) hired a law firm to investigate complaints that Andy Sieg, the bank's wealth-management chief, intimidates and unfairly sidelines workers, Bloomberg reported Wednesday, citing people with direct knowledge of the matter.

Citigroup ( C ) did not immediately reply to a request for comment from MT Newswires.

Shares of the lender were down almost 2% in recent early trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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