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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.
(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 [...]’
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