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Published • Hong Kong • Updated

Ex-Citigroup Asia Managing Director Shaw Sues Bank in Hong Kong

Summary by Bloomberg
Philip John Shaw, a former head of Pan-Asia Execution Services at Citigroup Inc., sued the US bank to contest his summary dismissal in March 2019, after other ex-sales traders filed similar claims with the city’s employment tribunal earlier this month.

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Ex-Citigroup Asia Managing Director Shaw Sues Bank in Hong Kong

Philip John Shaw, a former head of Pan-Asia Execution Services at Citigroup Inc., sued the US bank to contest his summary dismissal in March 2019, after other ex-sales traders filed similar claims with the city’s employment tribunal earlier this month.

·United States
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finews.asiafinews.asia

Citi Hit by Another Wrongful Dismissal Case

A number of former Citi employees have sued the US lender for their alleged wrongful dismissal. In the latest, this includes an ex-managing director in Hong Kong. Philip John Shaw has filed a lawsuit in Kong’s High Court against Citigroup Global Markets Asia for contract and employment tort, according to a writ of summons. The bank’s ex-managing director and former head of pan-Asia execution services is seeking monetary compensation and reputati…

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Business TimesBusiness Times

Ex-Citigroup Asia managing director Shaw sues bank in Hong Kong

Philip John Shaw, a former head of Pan-Asia Execution Services at Citigroup, sued the US bank to contest his summary dismissal in March 2019, after other ex-sales traders filed similar claims with the city’s employment tribunal earlier this month.

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Bloomberg broke the news in United States on Monday, March 24, 2025.
Sources are mostly out of United States (1)

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