From story.malaysiasun.com
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Vikram Pandit
Citigroup Inc. named former Morgan Stanley President Vikram Pandit as chief executive officer to help the largest US bank recover from serious financial problems.
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Can Vikram Pandit turn Citigroup around?
22 votes so far
Leader:
Yes, if anyone can do it, it's Vikram Pandit
Yes, if anyone can do it, it's Vikram Pandit
Citigroup Chief Executive Vikram Pandit announced preliminary third-quarter results of Citi’s foreclosure prevention activities in Missouri during a visit to St. Louis on Monday. Distressed mor...
- Citigroup CEO visits Kansas City (bizjournals.com)
(Reuters) - Citigroup Inc (C.N) recently rejected a proposal from Guy Hands’ private equity firm Terra Firma Capital Partners to restructure the debt of music group EMI, the Wall Street Journal said on Monday.
The buyout firm had offered to inject about 1 billion pounds ($1.67 billion) into EMI in exchange for Citigroup waving a similar [...]’
From feedburner.com
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- Citi rejects Terra Firma's latest bid to save EMI-WSJ (search.live.com)
BOSTON (MarketWatch) -- Shares of Citigroup Inc. and the broader financial sector traded higher early Monday following reports that highly respected hedge-fund manager Paulson & Co. bought 300 million Citi shares during the third quarter. Citi shares were up more than 4% at last check Monday while the Financial Select Sector SPDR Fund , an exchange-traded fund tracking financial stocks, rose about 1%.
Market Pulse Stories are Rapid-fire...
From marketwatch.com
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- Paulson & Co. held 300 mln Citi shares on Sept. 30 (marketwatch.com)
NEW YORK (AP) — Citigroup Inc. said Sunday that it is selling its controlling stake in Japan’s leading call center operator, Bellsystem24, to private equity firm Bain Capital Partners in a deal that values the operation at $1.1 billion. Security ...
From search.msn.com
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- Citigroup sells stake in US$1.1bil Japanese call center (thestar.com.my)
- Bain Capital to pay $1B for Citigroup's controlling stake in Japanese call... (static.canadaeast.com)
- Bain Capital Agrees to Purchase BELLSYSYTEM24 from Citi (earthtimes.org)
As the previous post mentions, Citigroup CEO Vikram Pandit was in town yesterday to speak at Washington University. He also visited with employees of the CitiMortgage division in O'Fallon, Mo., and announced some updated results for the ...
From blogsearch.google.com
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- Citigroup CEO thinks $100 million pay package and bailout money .... (news.google.com)
Bankers usually aren’t the ones making promises to pay the money back. But the CEO of Citigroup Inc. did just that in Kansas City this week. Citi owes the American taxpayer not only the $45 billion in federal aid it got but also “a debt of gratitude,” said Vikram Pandit, who was handed Citi’s top job at the start of this long, deep recession nearly two years ago.
From kansascity.com
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- Why Citigroup Looks Lucky to Have Pandit (minyanville.com)
- Citi CEO Pandit Has 'Little Doubt' of Profit Return (news.google.com)
- The Worrisome Things Bank CEOs Say, Vikram Pandit Edition (seekingalpha.com)
Citigroup Inc.'s (NYSE:C) management indicated that it is comfortable with its valuation for an asset that is expected to be written down by an accounting expert.
Citigroup has a roughly $38 billion deferred tax asset, which essentially represents expected cash flow from future tax benefits....
From hispanicbusiness.com
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- Citigroup Defends Asset Valuation (seekingalpha.com)
