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Richard Parsons

  • Richard Parsons, former chairman of Citigroup.

    In a wide-ranging interview, Dick Parsons, former Time Warner chairman & CEO, shares his perspective on the banking industry and regulations; splitting the roles of chairman and CEO, and Tribune's separation.

  • *Lazard will meet 25 percent margin target by 2014- CEO. Oct 25- Lazard Ltd plans to cut $125 million in costs each year, mainly through staff reductions, the investment bank said on Thursday, as it works to meet an aggressive profit goal in a weak market for its financial advisory services.

  • 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.

  • In a surprise, Pandit steps down as Citigroup CEO Tuesday, 16 Oct 2012 | 5:32 PM ET

    Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. The move shocked Wall Street, and Citigroup offered no explanation.

  • Time Warner Mulls Sale of U.S. AOL Access Business Wednesday, 19 Sep 2007 | 6:36 AM ET

    Time Warner, the world's largest media company, will "look hard" in the next 12 to 18 months at possibly selling off its AOL dial-up Internet access business after doing the same in Europe.

  • "Street Signs": The Big Picture Tuesday, 8 May 2007 | 4:42 PM ET

    The cable industry is assembling in Las Vegas for a major convention, where competition, convergence and content are the buzz words.

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