(Reuters) - Citigroup Inc and its Chief Executive Vikram Pandit on Friday won a dismissal of New York real estate developer Sheldon Solow's lawsuit accusing them of securities fraud for hiding the bank's risks during the 2008 financial crisis.
The Clearing House Association, a Wall Street lobbyist group, has tapped Citigroup's chief executive Vikram Pandit to serve as its chairman. Lloyds Banking Group's finance director, Tim Tookey, is leaving the firm at the end of Febr... Read Post
Citigroup Chief Executive Vikram Pandit received nearly $11 million of compensation in 2008, a time when the bank was receiving $45 billion in government bailout funds, according to an annual proxy statement filed Monday. The paymen... Read Post