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Citibank savior, Vikram Pandit 17 October 2012
The news was a deafening blow to the Citigroup and a shocker to the Wall Street. Citigroup CEO Vikram Pandit had abnegated his position after he felt criticized by the Chairman of the group Michael O'Neill on Monday night's board...
Keywords: Vikram Pandit, Wall Street, CEO of Citigroup, Vikram Pandit
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Citigroup to shed 4,500 jobs to trim costs, makeover losses 04 January 2012
Citigroup is drawing up plans to eliminate about 4,500 jobs, or 1.5 percent of its global work force of 267,000. This impediment is certain as the US financial major seeks to trim costs in a bleak global economic environment. The...
Keywords: Down sizing Citi, Down sizing Citi, hedging losses, Global Crisis
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Citigroup CEO quits amid clashes with Chairman 17 October 2012
What was originally intended to be a meeting of the members of the board to discuss the quarterly results took a turn for the worst on the Monday night after the tensions between the Chairman Michael O'Neill and the Cheif...
Keywords: Michael O'Neill, Citigroup, Michael O'Neill, Michael O'Neill
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Indian American CEO Panadit's Citigroup makes profit with India Sale 20 April 2012
Profits at Citigroup led by Indian American CEO Vikram Pandit rebounded to $2.9 billion in the first quarter of 2012 with revenue boosted by the sale of some stakes in India and China. That meant a drop of 2 percent...
Keywords: Eurozone financial crisis, Indian and China, Eurozone financial crisis, revenue boosted
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