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The one constant over the years of turmoil at Citi has been Bob Rubin, who was first recruited to the Citi board in in 1999 by Sandy Weill. Some are troubled by his role in supporting Citi's... Read more...
The Citi board has issued a statement that it stands behind its current chairman, Sir Win Bischoff. But the spate of media reports that Bischoff might be sacked just might ignite the kind of blame... Read more...
When things are bad, they tend to get worse. At least that's how it seems right now in the financial services industry. Case in point: Charles Prince. He left his position as CEO of Read more...
Few companies generate press like Citigroup. Fortune at least asks an interesting question: is the banking behemoth too big to manage? Well,... Read more...
Ten years after the fact, Citigroup's historic merger with Travelers remains in the headlines. Instead of hailing the deal however, John... Read more...
Jaime Dimon was once seen as a protégé of Sandy Weill, until he decided to fire his daughter. He was banished from the kingdom and ended up at Bank One. He then engineered a merger with... Read more...
Fortune scored an interview with Prince Alwaleed about Charles Prince, the former head of Citigroup. The prince owns 3.6 perent of the bank and had the ear of not only CEO Prince but also Sandy... Read more...
In the end, Charles Prince, the soon to be ex-CEO of Citigroup, was done in by his mentor. Sandy Weill took a Citigroup jet no less to Saudi Arabia and convinced Prince Walid, the bank's biggest... Read more...
Merrill Lynch announced a massive write down, but no one is suggesting Stanley O'Neal ought to step down. But when Citigroup announced a massive 3Q writedown, it reignited the rumor mill all over... Read more...