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- Citi Board Names Vikram Pandit Chief Executive Officer and Sir Win Bischoff Chairman
- NEW YORK -- The Board of Directors of Citi today announced that it has appointed Vikram Pandit as the company's new Chief Executive Officer and member of the Board of Directors, effective immediately. Sir Win Bischoff, who has been acting Chief Executive Officer since November 4, 2007, will succeed Chairman...
- Research articles 2007-12-11
- At the bell.
- Citigroup to acquire hedge fund Old Lane Citigroup Inc. on Friday agreed to buy Old Lane LP, a 13-month-old hedge fund run by Vikram Pandit and a group of his former colleagues from Morgan Stanley in New York. ...
- Research articles 2007-04-16
- Why It's Time For Sheila Bair To Apologize To Citi's Pandit
- Federal Deposit Insurance Corporation FDIC chairman Sheila Bair got a well-deserved kick in the teeth this week when consultant Egon Zehnder International endorsed Citigroup's chief executive Vikram Pandit. According to people who claim to have read the report, Pandit received "a positive assessment" by Egon Zehnder in the independent review...
- Blog posts 2009-10-09
Additional Resources
- Vikram Pandit's Reading List
- Vikram Pandit has read every Citi C annual going back to 1956? Thorough!: [Pandit] has consumed every scrap of information about Citi that he can, reading yellowed texts with titles like Marcellus Hartley, A Brief Memoir (Hartley was the first president of the International Banking Corp., which was...
- External links 2008-08-14
- Are Ken Lewis and Vikram Pandit Toast?
- One of the more interesting aspects of the bank stress tests is that only two institutions seem to be blabbing their results around town: Bank of America and Citigroup. Yet these are the two largest banks that will likely require the biggest infusion of capital in order to survive. ...
- Blog posts 2009-04-28
- Vikram Pandit Rejects CitiSachs?
- Todd Sullivan submits: Yesterday's news is that Goldman Sachs GS approached Citigroup C last month to proposed a merger . Citigroup CEO Vikram Pandit rejected the idea from Goldman Sachs CEO Lloyd Blankfein, the FT said, citing people it didn't identify. The deal, which was to have been structured...
- External links 2008-10-28
- Is McQuade Now Pandit's Heir Apparent?
- Felix Salmon submits: Yes, Vikram Pandit is still a robot. Here’s his latest press release: Vikram Pandit, Chief Executive Officer of Citigroup, today announced several senior management changes to support the company’s business and strategic priorities and to ensure that proper management is secured to...
- External links 2009-07-09
- No Free Bailout for Citigroup's Pandit
- There is no such thing as a free bailout. Like so many of their Wall Street compatriots, Citigroup CEO Vikram Pandit and Chairman Win Bischoff have decided to forgo 2008 bonuses, the bank revealed in a Securities and Exchange filing Wednesday–and they won't take any golden parachute payments, either, as...
- News items 2009-08-07
- More Meltdown Finger Pointing from Citigroup's Pandit and Columbia's Mohanram
- The Find: What's to blame for the financial meltdown? Imbalances, says one expert. Flawed metrics, says another. The Source: A lengthy interview with Citigroup CEO Vikram Pandit from Knowledge@Wharton and a blog post from Partha Mohanram, Associate Professor of Business at Columbia Business School. ...
- Blog posts 2008-10-15
- Citigroup CEO Pandit, Columbia Business Prof Analyze Root Causes of the Crisis
- The Find: What's to blame for the financial meltdown? Imbalances, says one expert. Flawed metrics, says another. The Source: A lengthy interview with Citigroup CEO Vikram Pandit and a blog post from Partha Mohanram, Associate Professor of Business at Columbia Business School. The Takeaway:...
- Blog posts 2008-10-15
- Citi's Pandit Is 'Forgoing' His Bonus: Was There an Alternative?
- Tom Brown submits: Let me see if I have this straight. Citigroup C lost over $10 billion over the first nine months of 2008. The company received not one but two capital infusions from the federal government last year. Plus, the feds had to guarantee over $300 billion in...
- External links 2009-01-06
- Financial Roundup: Pandit's Future? Citi May Get $10 Billion, Schapiro in Lawsuits, Frank Offers Bailout Roadmap and More
- Will Vikram Pandit survive? Citigroup's CEO has gotten a public boost of confidence from his board, which management guru Jack Black says is typically one step from dismissal. Troubled Citi should post a $10 billion operating loss. [Source: Market Movers] Citi might get $10 billion from Smith...
- Blog posts 2009-01-12
- Citigroup's Pandit Whiffs the Ball
- The Good Doctor submits: Someone needs to school Citigroup C CEO Vikram Pandit on how to properly answer tough questions. He missed a wonderful opportunity on January 27th to dispel rumors of Citigroup’s nationalization during and after his formal address at Citi's 2009 Financial Services Conference. He did not...
- External links 2009-02-09
- Citigroup: Will Pandit's Optimism Lure Investors?
- Tech Confidential submits: Citigroup Inc.'s (NYSE:C) stock has been sitting just above a dollar since February 27, 2009, but a letter CEO Vikram Pandit sent to employees is causing a stir in the market place Tuesday. European stock markets rallied, hoping Citigroup Inc.'s luck could finally...
- External links 2009-03-10
- Pandit's Letter to Citi Shareholders: Lame
- Tom Brown submits: While we’re on the topic of annual shareholder letters, you’ll get no argument from me that surely the toughest letter to write this year—by far—had to be the one from Vikram Pandit to the shareholders of Citigroup C. by Tom Brown
- External links 2009-03-25
- What's Citi Doing to Pandit?
- Felix Salmon submits: Breakingviews today has a very odd column saying, essentially, that Vikram Pandit should keep his job despite the fact that since he took over at Citigroup C, he’s made a large number of serious mistakes and has done almost nothing right. by Felix Salmon
- External links 2009-06-19
- Citi's Management Shakeup May Indicate Pandit Is Preparing To Divest Commercial Banking Division
- Citigroup's spate of recent management changes may indicate that chief executive Vikram Pandit is gearing up to spin-off the firm's commercial and mortgage-related banking divisions, and focus instead on traditional investment banking activities. by Daniel M. Harrison
- Blog posts 2009-07-09
- Against All Odds, Pandit Seems to Be Leading Citigroup Out of Crisis
- Daniel M. Harrison submits: At long last, the tables are turning for Citigroup C. Despite two quarters of profitability, sustained investment in its emerging markets operations as the region boomed, and a near-total overhaul of the bank’s chaotic commercial-investment banking structure, nothing chief executive Vikram Pandit...
- External links 2009-08-27
- Citigroup Inc. Q4 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from Mike Mayo - Deutsche Bank Mike Mayo - Deutsche Bank Can you elaborate more on Citi Holdings? I understand that helps you focus more on risk management, maybe accelerate some dispositions, maybe helps you save some expenses and really gets...
- Earnings calls 2009-01-19
- U.S. regulators press Citigroup to replace chairman
- U.S. government banking regulators are pressing Citigroup to shake up its board and replace its chairman, Winfried Bischoff, in an effort to restore confidence in the beleaguered financial giant. Richard Parsons, chairman of Time Warner and a Citigroup director, has emerged as the leading candidate to succeed Bischoff as Citigroup's chairman,...
- News items 2009-08-07
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