- US Treasury's Geithner Says Downturn May Be Easing
- Schlumberger Profit Falls 28%, Tops View
- American Express Profit Falls But Blows Past Forecasts
- Big Countries Have Restricted Trade: World Bank
- Microsoft Still Sees Potential in Yahoo Partnership
- Swiss Banker Who Broke Secrecy Rules To Be Jailed
- UK Shrinks in First Quarter, Sharpest Fall Since 1979
- Nomura Books $2.2 Billion Quarterly Loss, Hit by Lehman
- 'Green' Cars Can Look Red Hot
- Lightning Round: Loews, Palm, Travelers and More
- Lightning Round OT: MasTec, UPS and More
- Sell Block: Prepare for a Pullback?
- Procter & Gamble Vs. Parker Hannifin
- Your First Move For Friday April 24th
- The Wall Street Whisperers
- Fast & Furious Trades For Friday
- Web Extra: Pops & Drops
- The Casino Trade: Macke Antes Up!
Text Size 
Senior Federal Deposit Insurance Corp officials privately discussed who might replace Citigroup Chief Executive Vikram Pandit if the bank needed more government aid, the Financial Times reported on its website late on Monday.
Successors being discussed by FDIC officials include Ned Kelly, Citigroup's [C
Loading...
()
] chief financial officer, Gary Crittenden, his predecessor and chairman of the division containing the New York company's non-core assets, and one of Citi's new board members, the paper said, citing people close to the situation.
The FDIC did not return a Reuters email seeking comment that was sent outside of normal business hours.
The paper said the FDIC is one of the regulators which has a say on whether Pandit steps down if the government bails out Citi for the fourth time in six months.
A Citigroup spokesman in Hong Kong declined to comment on the report.
Last week, Citigroup, reported better-than-expected results as an accounting benefit for distressed companies, cost-cutting and improved trading results helped offset red ink from consumer lending and credit cards.
The bank, bailed out with $45 billion of taxpayer money, joined Goldman Sachs [GS
Loading...
()
], JPMorgan Chase [JPM
Loading...
()
] and Wells Fargo [WFC
Loading...
()
] in signalling that massive government efforts to jump-start the ailing economy are helping boost bank earnings.
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes