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Vikram Pandit

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

    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 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

    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

    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

    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

    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

    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.

  • Citi Managers Discuss CEO Change  Wednesday, 17 Oct 2012 | 9:17 AM ET

    CNBC's Kate Kelly reports the latest details on the shakeup at Citigroup.

  • BAC's Misses Q3 Revenue Expectations  Wednesday, 17 Oct 2012 | 7:44 AM ET

    Buy Bank of America for the long-term, if you can stomach volatility, said Jeffery Harte, Sandler O'Neill principal, breaking down the big bank's third quarter's earnings and weighing in on what the numbers indicate about the state of the financial sector. Also, a look at the future of Citibank.

  • Peering Over the Fiscal Cliff  Wednesday, 17 Oct 2012 | 6:30 AM ET

    It would be a huge mistake to let the economy go over the fiscal cliff, said Lawrence Summers, Harvard University, discussing why it's important to rise above political rhetoric and address the nation's debt problems.

  • Ousting of Pandit Was a Definite 'Coup': Pro  Wednesday, 17 Oct 2012 | 5:30 AM ET

    Bethany McLean, contributing editor at Vanity Fair and columnist at Reuters, tells CNBC there definitely was a coup going on regarding the resignation of Citigroup CEO Vikram Pandit one day after the release of earnings results.

  • Pandit 'Wore Out His Welcome': Expert  Wednesday, 17 Oct 2012 | 5:00 AM ET

    Len Blum, managing director at Westwood Capital and David Enrich, European banking editor of the Wall Street Journal, tell CNBC that a series of mishaps and poor strategic direction led to former Citigroup CEO Pandit's recent resignation.

  • FT's Lex: New CEO Doesn't Make Citi More of a Buy   Wednesday, 17 Oct 2012 | 4:20 AM ET

    Stuart Kirk, head of LEX column at The Financial Times, tells CNBC, whether you pay a dividend or not does not change the valuation of a company and in the context of Citi is an irrelevant sideshow.

  • What Kind of CEO Does Citi Need?   Wednesday, 17 Oct 2012 | 2:00 AM ET

    James Caan founder and CEO of Hamilton Bradshaw, tells CNBC, that the resignation of Vikram Pandit from Citi would have been well preplanned and organized at least four to six weeks ago.

  • After Pandit, a smaller Citi could get smaller yet Wednesday, 17 Oct 2012 | 12:04 AM ET

    In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank. It trails JPMorgan Chase, with $2.3 trillion, and Bank of America, with $2.1 trillion.

  • Pandit's Departure Raises Even More Questions  Tuesday, 16 Oct 2012 | 7:40 PM ET

    Matt Koppenheffer, Senior Banking Analyst, Motley Fool says Pandit's abrupt departure from Citi raises questions about what went on behind closed doors. He also discusses what Michael Corbat will bring to the table for Citi.

  • Shake-Up at Citi: Time to Buy?  Tuesday, 16 Oct 2012 | 7:15 PM ET

    CNBC's Bob Pisani reports today is the second day the markets closed around highs; and Kenneth Heebner, Capital Growth Management, offers his take on Citigroup CEO Vikram Pandit's decision to quit today, and housing prices.

  • No Huddle Offense: Citi CEO Vikram Pandit's Exit  Tuesday, 16 Oct 2012 | 6:58 PM ET

    Mad Money host Jim Cramer shares his final thoughts of the day.

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