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The price of a departing rainmaker

July 27, 2008 — 1:57pm ET | By Jim Kim
We should all leave on these terms. Michael Klein, who resigned as head of Citi's investment banking division, will receive more than $42 million in cash and stock in... Read more...

Tale of a hedge fund exec's final words

February 28, 2008 — 7:59am ET
Stephen Sorenson, who has ties to Sorenson Trust and Relief Return International trusts, says hedge fund exec Michael Klein made him a promise before his tragic death in a plane crash in Panama last... Read more...

Citigroup inches closer to CEO choice

December 10, 2007 — 7:59am ET
The Citigroup board meets today and tomorrow, this after the CEO search committee met over the weekend. The New York Times says directors will likely decide on the next CEO, though an announcement... Read more...

Citigroup finds a bailout partner

November 27, 2007 — 7:59am ET
In a move to shore up its troublesome capital position, Citigroup has inked a deal to sell a nearly five percent stake to the Abu Dhabi Investment Authority, a sovereign wealth fund. The feds have... Read more...

Executive shake-up at Citigroup

October 12, 2007 — 6:59am ET
Is Vikram Pandit the answer at Citigroup? Rumors have been swirling around him since he joined the bank. Some think he's destined for the top. The latest is that CEO Charles Prince has just promoted... Read more...

Succession battle already brewing at Citigroup?

April 11, 2007 — 8:01pm ET
The rumor mill holds that no fewer that six executives at Citigroup have at least one eye on the CEO office. We've noted that COO Bob Druskin and CFO Gary Crittenden seem to have a good chance at... Read more...