Citibank analyst fired after lying about extra coffee and Bolognese

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Citibank analyst fired after lying about extra coffee and Bolognese
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Jamie Chisholm is a markets reporter based in London.

As most children grow up learning, it’s not necessarily the size of the transgression that does you in. It’s being found out, digging in, and lying about it.

In a ruling in the case, which was published on Oct. 13, a judge with the East London employment tribunal said Fekete described his work as developing internal strategies, policies and risk-management frameworks to ensure compliance with laws and regulations. “From his evidence the claimant confirmed that he was a financial-crime professional,” the ruling said.

When the senior asked to confirm that Fekete was claiming that he alone consumed two coffees, two sandwiches and another drink, Fekete replied: “Yes that is correct. … On that day I skipped breakfast and only had 1 coffee in the morning. For lunch I had 1 sandwich with a drink and 1 coffee in the restaurant and took another coffee back to the office with me and had the second sandwich in the afternoon. … Which also served as my dinner.

In August 2022, Fekete admitted that his partner had consumed some of the food. Citi fired him for breaching the company’s expense-management policy and lying during an internal investigation.

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