VIKRAM PANDIT

FDIC eyes management shake-up at Citi: report

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Citigroup Inc's relationship with the Federal Deposit Insurance Corp is frayed, sources told Reuters, and the regulator wants to replace Chief Executive Vikram Pandit, the Wall Street Journal reported.
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FDIC eyes Citi top management shake-up: report

Citigroup Inc's relationship with the Federal Deposit Insurance Corp is frayed, sources told Reuters, and the regulator wants to replace Chief Executive Vikram Pandit, the Wall Street Journal reported.
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Citi investors withhold votes from some directors

Citigroup Inc investors withheld more than 20 percent of their votes for the reelection of four directors, after critics said the board's lack of oversight contributed to a series of government bailouts and $37.5 billion of losses over 15 months.
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Citigroup seeks permission to pay bonuses: report

Citigroup Inc has asked the U.S. Treasury for permission to pay special bonuses and is looking for ways to free an energy-trading unit from government restrictions, the Wall Street Journal reported on its website on Tuesday.
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U.S. may remove Citi's Pandit: report

U.S. regulators who are concluding stress tests on banks may remove Citigroup Inc chief executive Vikram Pandit, the New York Post reported, citing sources it did not identify further.
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U.S. officials on bank 'stress test' tightrope

U.S. officials testing the health of the nation's top banks must walk a tightrope when they disclose the exams' results: The scrutiny must be tough enough to be credible, but not so harsh as to rattle an already shaken system.
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Citi's Pandit vows to repay every dollar

Citigroup Inc Chief Executive Vikram Pandit said he expects the No. 3 U.S. bank to rebound from its current woes and pledged that it would repay ever dollar it owes to the U.S. government.
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Citigroup CEO says I intend to see this through

Citigroup Inc Chief Executive Vikram Pandit said he expects the No. 3 U.S. bank to rebound from its current woes and pledged that it would repay every dollar it owes to the U.S. government. Pandit commented on the bank's prospects on Tuesday at the annual shareholders' meeting.
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Citigroup results top forecasts

Citigroup reported better-than-expected results as an accounting benefit for distressed companies, cost-cutting and improved trading results helped offset red ink from consumer lending and credit cards.
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Citigroup loss smaller than expected

Citigroup Inc reported a smaller-than-expected first-quarter loss for shareholders as cost-cutting and improved results in investment banking and trading helped to offset red ink from consumer lending and credit cards.
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Citigroup loss is smaller than expected

Citigroup Inc reported a smaller-than-expected first-quarter loss for shareholders as cost-cutting and improved investment banking and trading results helped offset red ink from consumer banking and credit cards.
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In financial wilderness, Citi’s crisis eases

After nearly two years in the financial wilderness, what was once America’s largest bank is making a profit again, reporting its “best overall quarter” since the financial crisis began, with a net income of $1.6 billion for the first three months of 2009, Chief executive Vikram Pandit said in a company report released Friday.
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Citigroup posts smaller loss; shares surge

Citigroup Inc said cost-cutting and improved results from investment banking and trading led to a substantially smaller first-quarter loss, despite a big increase in credit costs from consumer banking and credit cards.
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More CEOs got pay hikes than cuts in '08

More U.S. chief executives got pay raises than had their pay cut in 2008, a year when billions in taxpayer dollars went to prop up struggling companies and millions of workers lost jobs, according to an AFL-CIO survey released on Tuesday.
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Danger lurks behind banks' results

U.S. banks' first-quarter results will show that losses from credit cards and commercial and real estate loans have not yet peaked, and perhaps dash hopes that the worst of the banking crisis has passed.

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