Citigroup Adviser Borg Resigns After `Unpleasant' Behavior

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Anders Borg, the former Swedish finance minister, stepped down from a second top job after he was forced to apologize for his behavior at a party in the Stockholm archipelago.

Borg informed Citi that he will resign from his role as senior adviser, according to an emailed statement from the bank. He also on Saturday tendered his resignation as deputy chairman of Kinnevik with immediate effect.