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Vikram Pandit - CNBC

  • INSIGHT-Automated lenders threaten to eat banks' lunch Thursday, 11 Jun 2015 | 1:00 AM ET

    NEW YORK, June 11- When Kevin Pereira needed a loan last year for his shaving gear business, his bank, Wells Fargo, considered his application and turned him down. Kabbage, Lending Club and On Deck are among the lenders making small business and consumer loans that more established banks are less eager to approve. Non-traditional lenders could siphon away as much as...

  • Former Citigroup CEO Pandit launches new firm: WSJ Thursday, 20 Feb 2014 | 3:01 PM ET
    Vikram Pandit

    Vikram Pandit, the former Citigroup chief executive who was ousted in 2012, is launching a new consulting firm called TGG, WSJ reported.

  • Citigroup Meeting: What a Difference a Year Makes Wednesday, 24 Apr 2013 | 4:22 PM ET

    In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.

  • Banking: Big Banks, Big Changes Tuesday, 4 Dec 2012 | 11:28 AM ET

    And battles will brew over Volcker and derivatives rules.

  • Does Shareholder Activism Accomplish Anything? Tuesday, 20 Nov 2012 | 9:39 AM ET
    Does Shareholder Activism Accomplish Anything?

    Some corporate governance experts argue that Say on Pay has had little if any impact on reining in what public companies decide to pay their leaders.

  • Tipping Point for Combined Chairman and CEO? Thursday, 15 Nov 2012 | 4:25 PM ET
    Tipping Point for Combined Chairman and CEO?

    The combined role of chairman and chief executive officer, a corporate governance structure favored by many Fortune 500 firms, may soon go the way of the pension plan.

  • What Happens When Shareholders Have Power? Thursday, 15 Nov 2012 | 3:26 PM ET
    Vikram Pandit

    Empowered shareholders have helped drive board members from their seats and CEOs from their perch in a string of companies. In response, board members are upping their efforts to please.

  • Pandit Pushed Out? Friday, 26 Oct 2012 | 3:36 PM ET
    Pandit Pushed Out?

    The resignation of Citigroup CEO Vikram Pandit last week may not have been as sudden as it seemed, reports CNBC's Kayla Tausche.

  • Was Citi's Pandit Pushed Out? Friday, 26 Oct 2012 | 10:47 AM ET
    Was Citi's Pandit Pushed Out?

    Harvey Pitt, Kalorama Partners CEO, weighs in on whether Vikram Pandit's resignation was his decision alone.

  • Vikram Pandit

    Vikram Pandit’s last day at Citigroup swung from celebratory to devastating in a matter of minutes. Having fielded congratulatory e-mails about the earnings report in the morning that suggested the bank was finally on more solid ground, Mr. Pandit strode into the office of the chairman at day’s end on October 15 for what he considered just another of their frequent meetings on his calendar.

  • *Citi, Yahoo, AIG examples show more aggressive boards. NEW YORK, Oct 24- In the summer of 2011, Yahoo Inc's board decided enough was enough. So, the board held a final meeting in Los Angeles, away from Yahoo's Silicon Valley headquarters, to review the company's progress, a source familiar with the matter said.

  • CNBC's Kelly: Citi's Forese Informally Offered COO Friday, 19 Oct 2012 | 3:55 PM ET
    CNBC's Kelly: Citi's Forese Informally Offered COO

    Confusion seems to be reigning over at Citigroup where CEO Vikram Pandit resigned unexpectedly earlier this week. CNBC's Kate Kelly reports Securities and Banking Chief James Forese was unofficially offered the President/COO title, but Forese is reluctant to the role.

  • Wall Street ‘Delusional’ on Pay: Feinberg Friday, 19 Oct 2012 | 12:10 PM ET
    Wall Street ‘Delusional’ on Pay: Feinberg

    Wall Street executives are "delusional" if they think their pay will continue to rise significantly, Kenneth Feinberg, the former Obama administration special master on executive pay, told CNBC on Friday.

  • Citi’s Chairman Steps Up to a Decisive Role Thursday, 18 Oct 2012 | 11:43 AM ET
    In Citigroup Shake-Up, a New Show of Power by Boards

    When Michael E. O’Neill became chairman of Citigroup, he took a detailed look at business lines, a hands-on approach that created friction with CEO Vikram Pandit, and paved the way for Pandit's ouster, the New York Times reports.

  • Pandit Wasn't Ready to Leave Citi: Author Cohan Wednesday, 17 Oct 2012 | 2:28 PM ET

    William Cohan, author of "Power and Money: How Goldman Sachs Came to Rule the World" and a veteran Wall Street watcher, says the former Citigroup chief executive was most likely pushed out from his the C-suite office.

  • SEC Should Investigate Pandit's Surprise Exit: Pitt Wednesday, 17 Oct 2012 | 12:26 PM ET
    Vikram Pandit

    Former SEC chief Harvey Pitt told CNBC Wednesday that the commission should investigate the surprise departure of CEO Vikram Pandit from Citigroup, since there were no hints given on the bank's earnings call the day before.

  • The Truth About Financials Wednesday, 17 Oct 2012 | 11:09 AM ET
    The Truth About Financials

    CNBC's Gary Kaminsky weighs in on the future of big banks.

  • Citi's Expansion of Shadow Banking Wednesday, 17 Oct 2012 | 10:51 AM ET
    Citi's Expansion of Shadow Banking

    Harvey Pitt, former SEC chairman, weighs in on the abrupt departure of Citi's CEO, and how regulations are impacting Wall Street banking.

  • Capitol Hill Reacts to Pandit's Exit Wednesday, 17 Oct 2012 | 10:33 AM ET
    Capitol Hill Reacts to Pandit's Exit

    Sen. David Vitter, (R-LA), discusses the abrupt departure of Citi's CEO, and weighs in on last night's presidential debate.

  • Obama, Romney Spar Over Auto Bailout Wednesday, 17 Oct 2012 | 10:13 AM ET
    Obama, Romney Spar Over Auto Bailout

    Steven Rattner, current chairman of Willett Advisors, discusses the government's bailout of the auto industry and whether it saved jobs. Rattner also weighs in on management changes at Citigroup.