Citigroup Said to Terminate Technology Analyst Mark Mahaney
Mark Mahaney, a top technology analyst at Citigroup Inc. (C), was fired, according to a person briefed on the matter.
The termination wasn’t related to Massachusetts’ claim that Citigroup failed to supervise a junior analyst who allegedly disclosed confidential information during Facebook Inc.’s initial public offering, said the person, who requested anonymity because the decision is private. The New York-based bank agreed to pay a $2 million fine to settle that case.
Mahaney declined to comment when reached on mobile phone.
To contact the reporter on this story: Laura Marcinek in New York at lmarcinek3@bloomberg.net
To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net
Citigroup Said to Terminate Technology Analyst Mark Mahaney
Peter Foley/Bloomberg
Citigroup Inc. signage is displayed outside of a bank branch in New York.
Citigroup Inc. signage is displayed outside of a bank branch in New York. Photographer: Peter Foley/Bloomberg
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