Results tagged “Vikram Pandit” from Dealbreaker

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You Tell Us What He's Trying To Say

Count Vikula: "We are the world's most global bank in a world that becomes more global every day." Track 2: "I feel good about our strategic clarity and aspirations."...

From The People Who Brought You 'Citi Never Sleeps'

All, We are inviting you to celebrate this fall season with us by holding an International Fall Potluck Lunch on Wednesday, October 21st from 12:00 to 2:00pm. Our many successes highlighted in the recent Connection newsletter are a source of...

Citi's Solution To The Andrew Hall Problem

Citi has taken a lot of shit for (potentially) paying commodities trader Andrew "C" Hall a hundred million dollar bonus and you know what? They're sick of it. Unfortunately there doesn't seem to be much Vikram and Co can do...

Vikram Pandit Let Lloyd Blankfein Down Easy

Oh, to be Vikram Pandit. Not only are you devastatingly handsome but you're at the helm of the world's most successful financial services company in the world to boot. You and your shop are the catch of Wall Street. Everyone--...

Citi To Raise Fresh Capital?

By suing the pants off the girls at left? I'd say it's a distinct possibility. Katie Shea and Susie Levitt, NYU students, who identify themselves as "recessionista entrepeneurs," have started a line of flat shoes that can be folded into...

Are Lewis And Pandit's Jobs On The Line?

You know, more so than they were before this little note? In addition, as part of the 30-day planning process, firms will need to review their existing management and Board in order to assure that the leadership of the firm...

Vikram Pandit's Biggest Mistake At Citi Was Taking The Job In The First Place

Just kidding, he claims! Count Vikula spoke at a "fireside chat" at Harvard Business School yesterday, and courtesy of a Dealbreaker reader in attendance, we've got some highlights. When asked about his biggest mistakes, he first offered the crowd-pleasing,...

It Is Lucky For Ken Lewis He Doesn't Live In France

They have no sense of humor when you try to mess with the much weakened 35 hour work week, or when you hint that they might not even get paid for that. But even against this backdrop, nothing is more...

You Missed Your Excuse To Be In Beautiful London In March

ex⋅pert /n., v. ˈɛkspɜrt; adj. ˈɛkspɜrt, ɪkˈspɜrt/ [n., v. ek-spurt; adj. ek-spurt, ik-spurt] -noun 1. a person who has special skill or knowledge in some particular field; specialist; authority: a language expert. Synonyms: 1. connoisseur, master. 3. experienced, proficient, dexterous....

Vikram Pandit Mistakenly Given Credit For Joke Of A Tagline

I don't know Citi's Chief Administrative Officer Don Callahan very well and don't think I want to. Those intimately familiar with the Don might take issue with this and argue that he's a good guy but would a good guy...

Citi Really Hunkering Down And Giving This Thing A Shot

Big important changes at Citi today! A few people have been appointed to Subcommittees of the Audit Committee and the executive committee, which never met and had few responsibilities beyond setting out leaf cookies, is being disbanded. Now, I know...

Citi To Stay Inefficiently, Unprofitably Huge

For those of you losing sleep over the thought of shrinkage at the house of Citi, DO NOT FEAR: despite calls by persons with a clue, the great big behemoth wants you to know that's never going to happen. On...

Hiring Freeze At Citi?

Supposedly Citi has instituted a "full" hiring freeze. Sort of makes sense, if they were hoping to not just break even after the recent (and ongoing!) firings, but sad nonetheless for those hoping this would be the year they'd make...

Citi To Score Board Member With Financial Acumen

Barring any last minute violent protests from certain shareholders (Alwaleed) who've gotten comfortable with a precipitously falling stock price, Citi is reportedly thisclose to announcing that Harvard Business School dean Jay O. Light will join its board. Though his expertise...

Vikram Pandit: "We can make Citi the best company in the world, bar none."

Citi CEO Vikram Pandit sent out a memo congratulating the troops on completing the second quarter last night; not successfully, per se, just in general. I'm paraphrasing but something like "It's June 30 and we're still here," which you...

Veiled Threat From A Soon-To-Be Former CEO, Part II

Earlier this week, Angelo Mozilo told Countrywide shareholders that Bank of America will "reap the benefits of what we have sowed." At the time, this was the greatest veiled threat we had ever heard. This morning, Citi CEO Vikram Pandit...

Credit Where Credit Is Due: Mayo Was Technically The First To Defecate All Over Citi

We're all for unrelenting mockery of the Citi that never sleeps. That much should be obvious. But can we get a ruling on how much longer the story about Dollar Dominatrix Meredith Whitney downgrading the C in October is allowed...

Citigroup Treading On Thin Ice With Punk Analyst

Citigroup has just learned that hell hath no fury like a chafed Dick. Yesterday, CFO Gary Crittenden popped in on a little gathering run by Deutsche Bank's Mike Mayo. While breaking bread and shooting the shit with a couple of...

Retract Prior Bullish Guidance, Revision To Outlook Forthcoming

"Every institution has the right to lose all their money if they want to," said Vikram Pandit, the chief executive of Citigroup. We take this as tacit acknowledgment of our bottom call earlier today, which was apparently premature. Can Banking...

BACK. IN. THE. GAME.

Oh hell fuck yeah! Hold on to your motherfucking hats. Are you ready for this? Are you ready this one? Are you ready for the noise? Are you ready for the thunda? Citi has switched over its screensavers to reflect...