Citigroup which parted ways with CEO Vikram Pandit Tuesday added 1.9%.
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Shareholders in Citigroup voted against planned compensation packages for Vikram Pandit, Citi's chief executive, and its directors.
And Citigroup (C) shareholders struck down a fat pay package for chief executive Vikram Pandit.
The results are the first under Citigroup's new chief executive, Mike Corbat, after Vikram Pandit stepped down last year.
This was also the week when Vikram Pandit got the boot from Citigroup.
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Vikram Pandit took over in 2007 after Citi bought his hedge-fund business, Old Lane Partners, which it quickly closed.
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Last month the bank suddenly announced its CEO of five years Vikram Pandit would be replaced by Michael Corbat.
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Vikram Pandit , the head of institutional securities whose role was clouded by the elevations of Cruz and Crawford, reportedly quit.
Jamie Dimon from JPMorgan Chase, Vikram Pandit of Citigroup and James Gorman of Morgan Stanley all had something else to do.
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Citigroup announced the resignation of Chief Executive Vikram Pandit Tuesday morning, just a day after the bank reported quarterly results.
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The bank's new chief executive, Vikram Pandit, faces a mess of pitchfork-wielding shareholders at the April 22 annual meeting in New York.
At Nomura, analysts confirmed their bullish ratings after meeting with Citi CEO Vikram Pandit and CFO Jon Gerspach a few weeks ago.
Eventually Citi gave in and Mayo met with its CEO Vikram Pandit.
Vikram Pandit, head of institutional securities, and John Havens, head of equities, also quit, prompting speculation that an avalanche of executive departures would follow.
On a conference call, Citi CEO Vikram Pandit dubbed 2010 "a milestone" and said the bank made "excellent progress" in every major area.
Citigroup announced the resignation of CEO Vikram Pandit this morning.
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Citigroup CEO Vikram Pandit, the executive who led the bank through the financial crisis, unexpectedly resigned today, only a day after Citi reported strong quarterly figures.
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Vikram Pandit , a former investment banker and hedge fund manager plucked to take on the aging behemoth last December, is already dismantling parts of the company.
Mayo has been a major critic of Citi for a number of years but last fall he upgraded the bank after then CEO Vikram Pandit was replaced by Corbat.
Under the agreement, Citigroup does not have to replace chief executive Vikram Pandit and other top managers, but the government will be able to make decisions on their compensation.
On March 9, Citigroup CEO Vikram Pandit declared in a memo to employees that the then-beleaguered New York bank would be profitable through the first two months of 2009.
His office is the most important space in his world, which doesn't seem so unusual compared to the lives of today's leaders, Vikram Pandit and Richard Fuld and John Thain.
Morgan Stanley CEO James Gorman has a lot at stake here, and more so than Citi CEO Vikram Pandit whose bank still owns 49% of the retail brokerage joint venture.
One reason we have not heard from Blodget yet: He was busy excoriating Citigroup for misleading the public about the circumstances surrounding the departure of now-former CEO Vikram Pandit.
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It is also pushing for a board and management shake-up to bring in more commercial-banking experience Citi's boss, Vikram Pandit, and some of his closest lieutenants cut their teeth in capital markets.
In Sept. 2008, Krawcheck was let go at Citi by Vikram Pandit with whom she reportedly disagreed about compensating Citi clients who had been sold toxic products on which they lost money.
As soon as Chief Executive Vikram Pandit took over the bank from Charles Prince, he has been working to cut the company's costs and cleanse the company of its credit-related problems.
In his previous assignment as head of Citigroup Asia Pacific, he had a good shot at the top job, but it would have meant waiting his turn until current incumbent Vikram Pandit stepped down.
Earlier in the day at the company meeting Citi's chief executive Vikram Pandit said the company aims to repay funds from the government's Troubled Asset Relief Program with interest, according to TradeTheNews.com.
As soon as its new chief executive Vikram Pandit took over the bank from Charles Prince, he has been working to cut the company's costs and cleanse the company of its credit-related problems.
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