Citigroup Inc. placed a senior dealmaker within its equity capital markets group on leave as the firm investigates a complaint regarding a verbal altercation with a junior banker, according to people with knowledge of the matter.
Edward Ruff, a New York-based managing director in the investment banking unit that handles initial public offerings and other stock deals, was suspended from work in January and has yet to return, said the people, who asked not to be identified because the review hasn’t been widely disclosed. Ruff publicly berated a junior banker, who is a person of color, in the office, ...
