Sallie Krawcheck

Sallie Krawcheck

Citigroup has moved chief financial officer Sallie Krawcheck to run its wealth management business. Krawcheck becomes chairman and chief executive of Citigroups' global wealth management division, replacing Todd Thomson, whose next move... [more]

Citigroup has moved chief financial officer Sallie Krawcheck to run its wealth management business. Krawcheck becomes chairman and chief executive of Citigroups' global wealth management division, replacing Todd Thomson, whose next move is unclear.

Filed under: Management, Citigroup Inc. (C)John Reed, the financier who helped engineer the creation of Citigroup (NYSE: C) has a message for investors and taxpayers who are none-to-pleased with his track record of value destruction: My bad! In an interview with Bloomberg, Reed said "I'm sorry. These are people I love and care about. You could imagine emotionally it's not easy to see what's happened." He also advocated splitting Citigroup and...  
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