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. ...

The announcement of a new leader will impact different people differently. Some will be emotionally impacted. Some will be directly impacted. Some will be indirectly impacted. Some will be less impacted. Manage how they hear the news differently.

* Former CEO Pandit and COO Havens to receive $15.5 million * Board chairman says sums are not severance payments * Boar...

Once he became chairman, Michael O’Neill meticulously built a case for Vikram Pandit’s ouster, drawing in one person after another until Mr. Pandi...

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 ...

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...

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

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...

Former financial regulator Sheila Bair says that Treasury Secretary Timothy Geithner was primarily concerned with shoring up Citigroup and other banks...

Sheila Bair thinks maybe the bank bailout was a bad idea. The former chair of the Federal Deposit Insurance Corporation, in a new book about the financial crisis, says she worries that forcing the biggest U.S. banks to take $125 billion in government money in October 2008 caused more problems than it solved.

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...

How on earth is Vikram Pandit supposed to do other important banker things when he is constantly being pestered by you people about his pay?

Joseph Stiglitz says the rich have got America right where they want it. The Nobel Prize-winning economist writes in Salon that the super-rich hav...

Joe, you are the New York Times chief columnist on banking. It's time for you to focus on the real problem with the banking system and stop looking for saviors. It's banking policy, not people, Joe, that needs changing.

Apparently company shareholders don't agree with the Federal Reserve about how executives should get paid, according to those executives. The Fede...

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...

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, ...

Even after being convicted for bilking his former employer for millions, one ex-executive is suing the company from behind bars, claiming he's still o...

What would pay look like if pay packages emphasized investment in the real economy over short term profits that emanate from the non-productive activity that got us into trouble in the first place? Citi might be a great place to experiment.

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

* CEO pay rose 14 pct in 2011 vs 23 pct in 2010 * AFL-CIO presidents says Citigroup pay vote "a bell-ringer" * Mutual fu...

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...

The vote against Vikram Pandit's proposed pay package isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America. Shareholders aren't happy about executive pay.