iOS app Android app

Citigroup Ceo Vikram Pandit

Citigroup Investors Cheer Massive Layoffs, Hope For More

The Huffington Post | Mark Gongloff | Posted 12.06.2012 | Business

If you're one of the lucky 11,000 employees whose holidays just got ruined by Citigroup, here's some cold comfort: You'll have company soon enough. ...

CNBC Anchor: Pandit Stepped Down Because Obama Said Mean Things About Him

Posted 10.16.2012 | Business

Why is Vikram Pandit suddenly out as Citigroup’s CEO? It couldn’t possibly have anything to do with job performance, could it? No, if you ask ...

Mark Gongloff

Vikram Pandit's Departure The Latest In A String Of CitiDebacles

HuffingtonPost.com | Mark Gongloff | Posted 10.16.2012 | Business

Vikram Pandit's abrupt tumble from atop Citigroup is the latest example of the bank's transformation from the model of big-tent banking into a dysfunc...

'They Did Force Him Out'

The Huffington Post | Bonnie Kavoussi | Posted 10.16.2012 | Business

Jim Cramer is freaking out. The CNBC anchor looked shaken Tuesday morning as he reported on Vikram Pandit's departure from Citigroup, claiming the ...

PANDIT OUT

Posted 10.16.2012 | Business

Vikram Pandit is resigning as CEO of Citigroup, the company announced in a press release Tuesday. He will be replaced by Michael Corbat, previously th...

The Nicest Wall Street CEO Still Opposes Ending 'Too Big To Fail'

The Huffington Post | Bonnie Kavoussi | Posted 08.21.2012 | Business

Citigroup CEO Vikram Pandit -- a man of the people by Wall Street standards -- still opposes breaking up big banks like his and ending "too big to fai...

Banks Are Spending More On Their Staff, Even As They Cut Back On Bonuses

The Huffington Post | Jillian Berman | Posted 08.06.2012 | Business

Bankers' pay is taking up a bigger share of bank earnings, even as the number of investment bankers not taking home a bonus has shot up. Staff cos...

That Huge Bonus May Actually Make You Screw Up

Posted 05.10.2012 | Business

Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...

Ex-Citi Chairman: Poor Communication To Blame For CEO Pay Fight

Reuters | Posted 06.19.2012 | Business

* Ex-chairman says pay plan not explained well * Plan by board lost in advisory poll of shareholders * Barney Frank prai...

Citigroup CEO Vikram Pandit's Modest Country Home Is For Sale, For $4.3 Million

The Huffington Post | Mark Gongloff | Posted 04.18.2012 | Business

Well, hope you're happy with yourselves, Citigroup shareholders: You've gone and made Vikram Pandit sell his house. OK, maybe you didn't actually m...

Citigroup CEO Gets Massive Bonus As He Slashes Jobs

The Huffington Post | Bonnie Kavoussi | Posted 03.09.2012 | Business

In a common refrain, a high-level executive is getting a big bonus while his employees receive pink slips. Only this time, it's happening on Wall Stre...

Citigroup CEO: Occupy Wall Street's Sentiments Are 'Completely Understandable'

Posted 12.12.2011 | Business

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...

Choice of Commencement Speaker Spurs Protests at Columbia University

The Morningside Post | Posted 05.25.2011 | New York
The Morningside Post

The choice of Citigroup CEO Vikram Pandit as this year's graduation ceremony speaker has caused anger among some students at Columbia's School of International and Public Affairs.

Citigroup CEO Vikram Pandit As Commencement Speaker Sparks Columbia Students' Anger

nydailynews.com | Simone Weichselbaum and Rich Schapiro | Posted 05.25.2011 | New York

Who needs advice from a highflying Wall Street honcho? Not an angry bunch of students at Columbia University. Some grad students at Columbia's Schoo...

Questions For Mr. Pandit

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

Citigroup CEO Vikram Pandit will appear before the TARP oversight panel today. And, let's face it, if you want to expose Wall Street's hubris, mismanagement, and executive incompetence Citi is the low hanging fruit.

Citigroup CEO Pandit Paid Just $128K In 2009

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — Citigroup Inc. CEO Vikram Pandit received $128,751 in compensation for 2009 as the bank suffered huge losses on risky investments and...

Sandy Weill, Former Citi CEO, Has Trophy That Reads 'Glass-Steagall 'Shatterer'

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

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...

Citigroup's Asset Guarantees to Be Audited by TARP

bloomberg.com | Posted 05.25.2011 | Business

Citigroup Inc.'s $301 billion of federal asset guarantees, extended by the U.S. last year to help save the bank from collapse, will be audited to calc...

FDIC Pushes Citigroup To Change Management: WSJ

AP | Posted 05.25.2011 | Business

NEW YORK — The Federal Deposit Insurance Corp. is reportedly pressing for a management shake-up at embattled bank Citigroup Inc., putting CEO Vi...

Pressure To Oust Vikram Pandit Mounting

New York Post | MARK DeCAMBRE | Posted 05.25.2011 | Business

Citigroup CEO Vikram Pandit's job security is increasingly in jeopardy as momentum grows in Washington to oust him. ...

Vikram Pandit Executive Suite's $10 Million Refurbishing

Bloomberg | Posted 05.25.2011 | Business

March 19 (Bloomberg) -- Citigroup Inc. plans to spend about $10 million on new offices for Chief Executive Officer Vikram Pandit and his lieutenants, ...

Pandit Told Congress Compensation Was $1 Million, But Bank Filing Shows $10.8 Million (WATCH)

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

Citigroup Chief Executive Vikram Pandit received nearly $11 million of compensation in 2008. A month earlier, he testified to Congress that his comp...

Bankers vow to build trust with increased lending

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — The nation's top bankers came to account for themselves Wednesday to a wary public, displaying a blend of financial might and humil...

Bailed Out Bankers Testify: Live Video, Quotes

Posted 05.25.2011 | Politics

The eight chief executives from bailed out Wall Street banks are testifying today before Congress. The CEOS will be quizzed aggressively on how they ...

Bankers on the Hill

James Warren | Posted 05.25.2011 | Politics
James Warren

Rarely in the rich history of congressional stonings have the victims been so crisply-attired, so contrite, so deferential, and so tolerant of their grandstanding captors.