Tag:
Win Bischoff
Latest Headlines
Latest Headlines
More board changes coming at Citi
As expected Richard Parsons will replace Win Bischoff as chairman of the Citi board. The move presages some huge changes on the board of Citi, which has been roundly criticized for Citi's long, painful slide to its current state. Parsons has already said he expects a lot of directors to resign (of
Who should lead Citi?
It didn't take long for the speculation game to start once Robert Rubin announced he would step off the Citi board. The view is that the government is pressing Citi to shake up its board and replace its chairman Win Bischoff, according to the New York Times . The leading candidate to become cha
How much time does Vikram Pandit have?
Granted, these are extraordinary times, so you can't really blame CEO Vikram Pandit for the stock swoon that has sent Citi shares to a 12-year low. And you have to feel bad that he didn't get much of a honeymoon. But you have to wonder how much time the board will give him. The public furor over t
Infighting heating up at Citi?
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 game that is a well-known pastime at Citi. MarketWatch says, "It was [Robert] Rubin who had s
What's up at Citi?
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
What's up at Citigroup? Regional deals coming?
Well, it's not quite Wachovia, now is it? For that matter, it's certainly not Goldman Sachs, with which Citigroup had a chance to merge. The news that Citigroup is negotiating to buy Chevy Chase Bank, a mid-Atlantic bank, is sort of a let down. It indicates that growing its deposit base will requi
