U.S. Needs Shareholders' Rights
I doubt it. After years of not having to worry much about what their shareholders thought, the Citigroup vote was a wake up call for every corporate board of directors.
I doubt it. After years of not having to worry much about what their shareholders thought, the Citigroup vote was a wake up call for every corporate board of directors.
AP | PALLAVI GOGOI | Posted 03.18.2012
NEW YORK — Citigroup has a world of problems. The bank is proud of its global reach – 1,400 branches in 46 countries. But in Asia, the ec...
Posted 12.12.2011
Vikram Pandit, CEO of one of the most visible Wall Street institutions in Citigroup, said he thinks the sentiments of the Occupy Wall Street protester...
AP | CANDICE CHOI | Posted 05.25.2011
NEW YORK — Citigroup Inc. is giving its CEO a big raise. The New York-based bank is lifting Vikram Pandit's base salary to $1.75 million from jus...
New York Magazine's Daily Intel | Posted 05.25.2011
Citigroup CEO Vikram Pandit was talking up the embattled superbank's recovery on CNBC yesterday. "I feel very good about how we're positioned," he sai...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
Vikram Pandit may soon be getting an extremely big raise. Early in 2009, the CEO of Citigroup vowed to work for a salary and bonus of just $1 per year...
Huffington Post | Grace Kiser | Posted 05.25.2011
Don't confuse Sandy Weill for those Wall Street execs who fret over "optics." In a melancholy NYT profile of Sandy Weill over the weekend, the for...
Eric Morse | Posted 05.25.2011
As the recipient of a $50 billion tax-payer bailout, Citigroup has come under fire for its corporate spending practices, including a planned $10 million renovation of corporate office suites and a $7.7 million bonus for embattled CEO Vikram Pandit.
Lee Camp | Posted 05.25.2011
AP | Posted 05.25.2011
NEW YORK — Citigroup has nominated four new independent directors _ including two former bank chief executives and two other financial experts _...
Washington Post | Binyamin Appelbaum | Posted 05.25.2011
When Citicorp and Travelers Group agreed on a historic merger in 1998, the heads of the two companies placed a courtesy call to inform the Treasury De...
Don McNay | Posted 05.25.2011
Citigroup and AIG employ thousands of good people. But they have had rotten apples in leadership. They created a culture that is probably impossible to change or fix.
American News Project | Posted 05.25.2011
CEOs of the biggest bailed-out banks finally appeared before Congress. Over the course of a seven-hour hearing, there were remarkably few revealing mo...
ABC | Posted 05.25.2011
The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corpor...
AP | Madlen Read | Posted 05.25.2011
Citigroup Inc. named Vikram Pandit, the head of its investment banking business, as its chief executive officer Tuesday, charging him with restoring t...
New York Post | ZACHERY KOUWE | Posted 05.25.2011
Deutsche Bank boss Josef Ackermann is the latest executive to turn down a chance to be the top dog at Citigroup - a sign there could be more trouble a...
Wall Street Journal | Robin Sidel | Posted 05.25.2011
Citigroup Inc. had a Prince, but now it needs a king. As the bank hunts for a chief executive officer to succeed Charles Prince, it is becoming clear...
Wall Street Journal | Posted 05.25.2011
Citigroup is scouring the financial elite for a new boss. If it decided to advertise the job, here is what it might say: Help Wanted: America's bigge...
Seeking Alpha | James Cullen | Posted 05.25.2011
Chuck Prince, CEO of Citigroup (C), is gone - and the stock is down. For all the hatred Chuck inspired during his tenure (yes, those are all links to ...
Times Online | Miles Costello | Posted 05.25.2011
Charles "Chuck" Prince, the deposed head of Citigroup, is in line to walk away from the Wall Street giant with a total pay, perks and shares payout wo...
AP | Madlen Read | Posted 05.25.2011
Citigroup Inc. Chairman and Chief Executive Charles Prince, beset by the banking company's billions of dollars in losses from investing in bad debt, r...
Wall Street Journal | RANDALL SMITH and CARRICK MOLLENKAMP | Posted 05.25.2011
By naming London banker Sir Win Bischoff as interim chief executive, Citigroup Inc. has clearly chosen a placeholder to steer the financial-services g...
AP | Posted 05.25.2011
Citigroup Inc.'s board plans an emergency meeting on Sunday, and Chief Executive Charles Prince is expected to offer to resign, according to the Wall ...
Dealbreaker | Posted 05.25.2011
Here's are a bunch of things that Chuck Prince has done since he became CEO of Citigroup that could be characterized as "dumb" (many courtesy of Duff ...
Ted Kaufman | Posted 04.30.2012