Entries tagged "Ned Kelly"
Now that Bank of America CEO Ken Lewis is fading out of the picture, it is looking even more likely that Citigroup CEO Vikram Pandit may get the hook.
The Financial Times says it has a document that confirms that U.S. regulators pressured Citigroup to replace its CFO Ned Kelly with John Gerspach back in July.
Could Citigroup's management change be part of the Fed's plan as it determines whether or not to list Citi as a 'problem bank'?
Citigroup, looking to exit businesses, hired Morgan Stanley's James von Moltke as head of corporate M&A.
Citigroup Inc. (NYSE: C) beat analysts expectations and reported net income for the first quarter of 2009 of $1.6 billion.
