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Mr. Pandit, 55 years old, departed following a clash with the board over strategy and performance, according to senior bank executives and advisers.
The Journal reported Mr. Pandit was planning his succession in part to fulfill the conditions for his $16 million pay package; the board was “pushing Mr. Pandit to cultivate candidates who could ...
The surprise resignation of Citigroup CEO Vikram Pandit last week seemed suspect to many observers, but a new report in The New York Times explains how Pandit was actually given an unsavory choice ...
Mr. Pandit, 59, has started a new company with an investment firm backed by Comcast Corp. that will seek big stakes in more mature financial services companies, ...
Too bad for Citigroup Inc.'s new chief executive that it was in stock rather than cash: His January 2008 sign-on award is currently worth just $1.8 million.
WASHINGTON — With chief executives from eight of the top financial institutions sitting shoulder to shoulder before a panel of lawmakers angry over how the firms have spent billions of government aid, ...
Mr Pandit said Citigroup was now set to glean the majority of its business from emerging markets, with Asian and Latin American consumers and trade between those regions and Africa driving growth. ...
Vikram Pandit, the chief executive of Citigroup Inc., called for "vigorous" debate on regulatory oversight as the crisis in the financial services industry continues. Speaking at the British Bankers' ...
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