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It also further expands the chasm between it and its big rival, Bank of America, which is focusing more on rightsizing its domestic retail operations as opposed to growing overseas. Citigroup's chief executive, Vikram Pandit, was all smiles as he...
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In its fourth-quarter 2010 report, the bank showed a net income of $1.3 billion on revenues of $18.4 billion, the release stated. "Overall, we made solid progress in 2011," said Vikram Pandit, Citi's chief executive officer. "We increased our net...
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Vikram Pandit, Chief Executive officer, Citi, USA, follows a panel session on the first day of the 42nd annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, Jan. 25, 2012. The overarching theme of the Meeting, which will... View Photo »
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We will continue to right-size our businesses to match the environment ... We are increasingly focused on driving earnings through our core franchise and beginning to return capital to our shareholders this year.
– Vikram Pandit SOURCE: Local10 Miami -
The move comes as part of the company's effort to tap opportunities in one of the world's fastest growing economies. The Reuters report cited an interview with Citi CEO Vikram Pandit in China Daily. Faced with a slowdown in the U.S. market, Citi is...
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Feb 10 (Reuters) - Citigroup Inc plans to increase staff in China, which is one of its fastest growing businesses in the world, Chief Executive Officer Vikram Pandit was quoted as saying. The New York-based lender announced in December it was cutting...
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Look at where the innovation is. Look what happened when the United States’ debt was downgraded? Interest rates went down, not up. How are you feeling these days about your sizable stake in Citigroup and your relationship with CEO Vikram Pandit? I just...
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Vikram Pandit, Chief Executive Officer, Citi, of the U.S. , Co-Chair of the World Economic Forum Annual Meeting 2012, attends a session at the World Economic Forum (WEF) in Davos, January 25, 2012. View Photo »
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The weak global economy negatively affected market activity, and many of our clients reduced their risk, especially in the fourth quarter
– Vikram Pandit SOURCE: FOX Business -
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The company also aims to eliminate 3 to 5 per cent of expenses each year. BEIJING - Citigroup Inc, a New York-based major player on world financial markets, will step up its presence in China even as it cuts staff globally, said Chief Executive Officer...
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In its defense, the U.S. banking system was so much larger than Sweden’s and the interconnections such that it would have been a substantially more complex operation, leading to a “radical overhaul” of the global financial system, as Vikram Pandit,...
About Vikram Pandit
Wikipedia
Vikram Pandit is the current CEO of Citigroup. Full Article
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Vikram Pandit, Chief Executive Officer, Citi, of the U.S. , Co-Chair of the World Economic Forum Annual Meeting 2012, attends a session at the World Economic Forum (WEF) in Davos, January 25, 2012.
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Vikram Pandit, CEO of CitiGroup, speaks at the Securities Industry and Financial Markets Association annual meeting, Monday, Nov. 7, 2011 in New York.
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NEW YORK, NY - OCTOBER 12: CEO of Citigroup Vikram Pandit speaks during the FORTUNE Breakfast & Conversation with Vikram Pandit, CEO, Citigroup at TIME Building on October 12, 2011 in New York City.
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Citigroup CEO Vikram Pandit (L) shakes hands with Rich Spillenkothen after speaking at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.
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Citigroup CEO Vikram Pandit departs the stage after speaking at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.
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Citigroup CEO Vikram Pandit makes remarks at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.
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ST. PETERSBURG, RUSSIA - JUNE 17: Vikram Pandit, Chief Executive Officer of Citigroup (USA) attends the St. Petersburg International Economic Forum (SPIEF) on June 17, 2011 in St. Petersburg, Russia. Global business leaders have gathered in Russia for the three-day conference.
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AP Photo
In this Nov. 7, 2011 photo, Vikram Pandit, CEO of CitiGroup, speaks at the Securities Industry and Financial Markets Association annual meeting, in New York. Shares of Citigroup fell in premarket trading on Wednesday, Dec. 7, 2011, after the bank said it would eliminate 4,500 jobs, far...
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AP Photo
FILE - In this Nov. 7, 2011 file photo, Vikram Pandit, CEO of CitiGroup, speaks at the Securities Industry and Financial Markets Association annual meeting, in New York. Citigroup Inc. is considering plans to cut 3,000 or more workers as part of an ongoing effort to control expenses.
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Reuters Pictures
Citigroup Chief Executive Officer Vikram Pandit speaks during a visit to a School of Management during the International Economic Forum in St.Petersburg, in this June 5, 2009 file picture. Citigroup Inc has awarded Pandit over $16.6 million in deferred compensation plus stock options as...
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Reuters Pictures
Citigroup Chief Executive Officer Vikram Pandit speaks during the opening of a new branch in Hong Kong, in this February 3 2010 file picture. Citigroup Inc will award Pandit over $16.6 million in deferred compensation, plus stock options, as a retention bonus, according to a regulatory...
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Reuters Pictures
Citigroup CEO Vikram Pandit (R) sits with Wharton School Dean Thomas S. Robertson (L) before speaking to the University of Pennsylvania's Wharton School MBA graduates at the Palestra, on the campus of the University of Pennsylvania, in Philadelphia, May 15, 2011. Pandit, whose bank...
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Reuters Pictures
Citigroup CEO Vikram Pandit (C) watches the procession before speaking at the University of Pennsylvania's Wharton School MBA graduation ceremony at the Palestra, on the campus of the University of Pennsylvania, in Philadelphia, May 15, 2011. Pandit, whose bank barely survived the...
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AP Photo
Vikram Pandit, CEO of Citiigroup, speaks at a conference held by the Committee of 100, Thursday, May 12, 2011 in New York. The committee is a group of business, government and civic leaders who work to bridge U.S. - China relations.
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NEW YORK, NY - OCTOBER 12: (L-R) Group Publisher, Fortune Money Group Jed Hartman, CEO of Citigroup Vikram Pandit and Fortune Magazine Managing Editor Andrew Serwer pose for a photo at the FORTUNE Breakfast & Conversation with Vikram Pandit, CEO, Citigroup at TIME Building on October 12,...
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Vikram Pandit, Chief Executive Officer of Citigroup, speaks during the 2011 spring membership meeting in New Delhi in this March 4, 2011 file photo. Citigroup Inc. announced March 21, 2011 it will resume paying a nominal dividend after it uses a reverse stock split to shrink the number...
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Reuters Pictures
Vikram Pandit (L) Chief Executive Officer of Citigroup, speaks as Mukesh Ambani, Chairman and Managing Director of Reliance Industries, watches during the 2011 spring membership meeting organised by the Institute of International Finance (IIF) in New Delhi March 4, 2011.
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Reuters Pictures
Vikram Pandit, Chief Executive Officer of Citigroup, speaks during the 2011 spring membership meeting organised by the Institute of International Finance (IIF) in New Delhi March 4, 2011.
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NEW YORK, NY - JULY 27: (L-R) Paralympic gold medalist Jeremy Campbell, Citi CEO Vikram Pandit, Olympic silver medalist Alicia Sacramone, and Olympic gold medalist Susan Francia attend the Citi Team USA Flag-raising event at the financial center at Citi's Headquarters on July 27, 2011...
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NEW YORK, NY - JULY 27: (L-R) Olympic silver medalist Alicia Sacramone, Paralympic gold medalist Jeremy Campbell, and Olympic gold medalist Susan Francia join Citi CEO Vikram Pandit as he speaks to employees at the Citi Team USA Flag-raising event at the financial center at Citi's...
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NEW YORK, NY - JULY 27: (2nd from R) Citi CEO Vikram Pandit speaks to employees at the Citi Team USA Flag-raising event at the financial center at Citi's Headquarters on July 27, 2011 in New York City.
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NEW YORK, NY - JULY 27: (L-R) Paralympic gold medalist Jeremy Campbell, Olympic gold medalist Susan Francia, Olympic silver medalist Alicia Sacramone and Citi CEO Vikram Pandit hold up the Citi Team USA Flag outside the financial center at Citi's Headquarters on July 27, 2011 in New York...
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Reuters Pictures
People walk beneath a logo of Citigroup in Tokyo, in this file photo taken April 20, 2009. Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on December 6, 2011, becoming the latest large bank to trim staff. The cuts are equal to about 2 percent of Citi's...
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Reuters Pictures
People walk past a Citibank branch in New York, in this file photo taken October 18, 2010. Citigroup Inc is cutting 4,500 jobs worldwide, Chief Executive Vikram Pandit said on December 6, 2011, becoming the latest large bank to trim staff. The cuts are equal to about 2 percent of Citi's...
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AP Photo
FILE - In this May 12, 2011 file photo, Vikram Pandit, CEO of Citiigroup, speaks at a conference held by the Committee of 100, in New York. Citigroup Inc.'s CEO, who took a $1 salary after the company needed a bailout to weather the financial crisis, has been awarded a multi-year bonus...
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Reuters Pictures
Vikram Pandit, Chief Executive Officer, Citi, of the U.S. , Co-Chair of the World Economic Forum Annual Meeting 2012, attends a session at the World Economic Forum (WEF) in Davos, January 25, 2012.
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