This comes following a flap to nominate Citigroup Chairman and CEO Sanford I.
Citigroup Chairman Michael O'Neill has concluded that breaking up the bank doesn't make sense now, given economic and regulatory uncertainty.
In a statement, Citigroup Chairman Richard Parsons said Pandit had restored the company to profitability and is well along in his efforts to shed assets and refocus the firm on a narrower set of priorities.
Guests at the event included former Citigroup Chairman and CEO John Reed, who now serves as Chairman of the Massachusetts Institute of Technology (MIT), and VMware cofounder and former CEO Diane Greene, an MIT trustee.
FORBES: Russian Billionaire Vekselberg's Non-Oil Endeavor: Raising Funds For A California State Park
One thing is sure: Weill and his sidekick, Citigroup co-chairman John Reed, can't realize their dream of making Citigroup the Coca-Cola of finance without decisively penetrating Japan.
Bischoff also served on the boards at Citigroup (as chairman and interim CEO), Eli Lilly and Prudential.
When Citigroup's Chairman Sandy Weill was in Singapore recently he met only one person outside the government: Ho Ching.
Indeed, the need to appear squeaky clean has prompted Sandy Weill, Citigroup's chairman, to appoint a long-standing ally as the new head of the company's global corporate and investment bank.
One of the most notable punishments is that issued against Sandy Weill, chairman of Citigroup.
At the time of the speech he was serving as co-chairman of Citigroup.
"His game plan seems to be sensible, " says director Robert Rubin, the former Treasury Secretary and chairman of Citigroup's executive committee.
On a visit to India in early November, Robert Rubin, chairman of Citigroup's executive committee and a former American treasury secretary, said that Citi might consider buying a local bank, if regulations allowed it to.
But the elevations of John Thain (Bank of America-Merrill Lynch) and, above all, Sir Win Bischoff, chairman of Citigroup and a City grandee par excellence, epitomise the prevailing mood of prudence at the expense of risk.
Former Treasury head and Citigroup director Robert Rubin, now chairman, doesn't want Charles Prince's old job.
John Reed, the former Citigroup boss who was appointed temporary chairman after Mr Grasso's sacking, reformed the exchange's governance.
Jamie Dimon learned banking at the foot of the quintessential eat-what-you-kill Wall Streeter, Sandy Weill, former chairman and CEO of Citigroup.
Grasso will be replaced on an interim basis by John Reed , the former chairman and chief executive of Citigroup .
Mr. Weill, the former chairman and chief executive of Citigroup Inc.
Mr. Geithner succeeded in bailing out Citigroup and prevailed over Federal Deposit Insurance Corporation Chairman Sheila Bair.
Prior to joining MasterCard in August 2009, Banga was at Citigroup for 13 years, most recently as chairman and chief executive officer of Citi's international global consumer group.
In a statement, Citigroup said Armstrong's stepping down as chairman of that committee is part of a planned rotation of committee chairmen and not due to any outside pressure.
At a Citigroup Inc. conference last month, Simon Property Chairman and Chief Executive Officer David Simon said he would like his malls to emulate Groupon Inc.
It points to a November 2001 meeting between Grasso, then-SEC Chairman Harvey Pitt , and executives from Citigroup (nyse: C - news - people ), Merrill Lynch, Credit Suisse First Boston , Goldman Sachs (nyse: GS - news - people ) and Morgan Stanley (nyse: MWD - news - people ) concerning analyst conflicts of interest.
Mr Reed was chairman and co-chief executive of the investment bank Citigroup before his retirement in 2000.
Citigroup (nyse: C - news - people ) Chairman Sanford Weill is probably echoing the punch line on those old TV commercials: "I should have used Federal Express (nyse: FDX - news - people )!"
RobertRubinRobert Rubin, the ex-Treasury secretary who joined Citigroup in 1999 as a board member and member of the office of the chairman, is stepping in as chairman and will sit on a committee with fellow directors Alain J.
应用推荐