Vikram Pandit

KUWAIT (Reuters) - Kuwait's sovereign wealth fund said on Sunday it had sold its stake in Citigroup Inc for a profit of $1.1 billion, becoming the latest Gulf investor to sell foreign shares as markets improve. Kuwait Investment Authority (KIA ...  

DUBAI, United Arab Emirates–Kuwait's sovereign wealth fund said Sunday it booked a profit of $1.1 billion (U.S.) by selling the stake it took in Citigroup Inc. less than two years ago when the banking giant was strapped for cash. The Kuwait ...  

NEW YORK (Reuters) - Citigroup Inc is trying to persuade the U.S. government to allow it to repay $20 billion in taxpayer funds before a window to launch a share sale effectively shuts by the middle of next week, the Financial Times reported on Sunday.  

Filed under: Citigroup Inc. (C), Bank of America (BAC)In a case of buy low, sell high, Kuwait's sovereign wealth fund just unloaded its $4.1 billion stake in Citigroup (C). In doing so, the fund scored a $1 billion profit -- and a 37% rate of return on its investment -- according to the Kuwait Investment Authority (KIA). The fund invested in Citigroup in January 2008, before the financial industry came to the brink of collapse last year, but...  

Filed under: Management, Employees, Citigroup Inc. (C)A few lucky executives at Citigroup (C) received base pay raises this year, but CEO Vikram Pandit isn't among them. The bank announced that it will compensate Pandit exactly $1 for his services, with no stock salary. Last year, the chief executive collected a modest salary (by Wall Street standards) of $958,333. Meanwhile, Chief Financial Officer John Gerspach's base compensation was hiked...  

(CHARTPOPPERS.COM, December 04, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Citigroup Inc. (NYSE: C)The Consolidated Investment Analysis on Citigroup Inc. (NYSE: C) will be in particular interest to ..  

http://www.companiesandmarkets.com/Summary-Company-Profile/citigroup-inc.-financial-and-strategic-analysis-review-188704.asp Citigroup Inc. - Financial and Strategic Analysis Review Summary Citigroup Inc. - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Citigroup Inc.. The report provides a comprehensive insight into the company, including business structure and operations, executive...  

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NEW YORK (Reuters) - Citigroup Inc said on Tuesday it boosted the base salaries for its chief financial officer and a global markets co-head, but has left Chief Executive Vikram Pandit's salary unchanged.  

Four founding partners of former Citigroup hedge fund Old Lane, including its ex-CEO Guru Ramakrishnan, have launched one of the biggest US hedge-fund start-ups of the year, reports the WSJ. The NY-based fund, Meru Capital Group, started trading Tuesday with some $300m in capital, more than $75m of it from Ramakrishnan – a former head of global equity trading at Morgan Stanley before he left in 2005 with Vikram Pandit,...  

Citigroup (NYSE:C) CEO Vikram Pandit isn't ruling out reinvesting in scandal-plagued ACORN, the left-wing community group whose employees were caught on a hidden camera earlier this year allegedly giving advice on how to set up a prostitution ring without getting nabbed by the IRS....  

The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s stock is down 90% since his first day as chief executive. The shares of other large international banks were battered by the credit crisis, [...]  

By Arun Kumar Washington, Nov 18 (IANS) Banking giant Citigroup’s Indian-American Chief Executive Vikram Pandit will continue to work for an annual salary of $1 even as the group raised the annual base salary for two of its executives. Pandit who in January voluntarily agreed to accept $1 per year until the bank returned to profitability, also [...]  

BRUSSELS, Dec 1 (Reuters) - U.S. banking giant Citigroup Inc faced criminal charges and over 1,000 angry investors in Brussels on Tuesday, as a trial began into the way it sold investments connected to Lehman Brothers in Belgium. Citibank Belgium is ...  

ABC NewsCitigroup, jpmorgan Lead 'Manageable' UAE ExposureBloomberg... according to creditsights Inc. Citigroup Inc. is owed about $5.9 billion and jpmorgan Chase & Co. approximately $2.5 billion as of the fourth quarter of ...uae's central bank offers supportSydney Morning HeraldUS Banks Have Less Than $10B in UAE Exposure: CreditSightsWall Street Journalall 2,908 news articles »