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CNBC celebrates Black History Month by highlighting the career of Citigroup chairman, Richard Parsons. Related Links: Business & financial news headlines from msnbc.com Top of page

February 5, 2012: Business titan Richard Dean Parsons was born on April 4, 1948, in Bedford-Stuyvesant, Brooklyn, to Lorenzo Locklair Parsons and Isabelle Judd. Parsons was one of five children raised in South Ozone Park, Queens, where he nearly blew up

Citigroup (NYSE:C) chairman Richard Parsons is contemplating resignation, sources say. After just three years on the job, it may be a bullish sign for Citi’s progress and health. Parsons, who helped lead the company through the financial crisis, has said

Bank of America (NYSE:BAC) has selected a new leader for its global i-banking. Less than a year ago, the bank had named three executives as co-leader. After seeing a 35 percent decline in global i-banking fees, Christian Meissner has been selected as sol

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Citigroup's chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the report, Parsons, 63, is expected to decide b

EU to finalize rescue fund. EU leaders will sign off on a permanent eurozone rescue fund at a summit today and are expected to agree on a balanced budget rule. Greece will also dominate the talks, though leaders are trying to force the conversation to jo

Euro-Region Debt Sales Top $29B This Week (Bloomberg) Greek Fury at Plan for EU Budget Control (FT) Greek "football players too poor to play", leagues running out of money, may file for bankruptcy (Spiegel) After insider trading scandal, Einhorn wins the

(Reuters) - Citigroup's chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the report, Parsons, 63, is expected

Thomas & Betts is being bought for $72 a share, a 24% premium to its closing price Friday of $57.95. Citigroup(C) Chairman Richard Parsons is considering stepping down after three years in the post, The Wall Street Journal reported, citing people familia

Germany's finance minister issued an unusually blunt warning that the euro zone might refuse to grant Greece a fresh bailout, pushing Athens into default unless it persuades Europe it can overhaul its state and economy. Officials seeking $1.2 billion in

(Reuters) - Citigroup's chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the report, Parsons, 63, is expected

WASHINGTON (AFP) - Citigroup chairman Richard Parsons, who helped steer the bank through the aftermath of the 2008 financial crisis, is considering stepping down after three years in the post, The Wall Street Journal reported late Sunday. Citing unnamed

Citigroup's chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the report, Parsons, 63, is expected to decide b

Citi officials could not be immediately reached for comment. Parsons was named chairman of the bank in 2009 when the bank was reeling from the financial crisis. He has been a director at Citigroup since 1996. Parsons previously served as chief executive

Citigroup Chairman Richard Parsons waits for an address by President Barack Obama about the global financial crisis, at Federal Hall in New York September 14, 2009. REUTERS - Citigroup's chairman, Richard Parsons, is considering giving up the position to

WASHINGTON: Citigroup chairman Richard Parsons, who helped steer the bank through the aftermath of the 2008 financial crisis, is considering stepping down after three years in the post, The Wall Street Journal reported. Citing unnamed people familiar wit

Citigroup chairman Richard Parsons, who helped steer the bank through the aftermath of the 2008 financial crisis, is considering stepping down after three years in the post, The Wall Street Journal reported late on Sunday. Citing unnamed people familiar