The latest weak point to be splashed on the cover of the C Section is Citi’s retail banking operation, which is still in the hands of one of Vikram Pandit’s cronies and which has the highest average deposits per branch of top lenders but which may or may not still keep track of customer accounts longhand. Plus, there’s this compelling anecdote in the lede: Read more »
Contrary to popular belief, not all news is badnews at Citigroup. Yesterday 122 employees were named Managing Directors and while some might say that the only Wall Street promotion news worth reporting is that of Goldman Sachs, Citigroup is a real bank, too, so let’s all take a moment and give it up for them. It’s not as exciting as winning an iron-pumping sessions with Mike Corbat, but it’s something.
Behold the amazing attention to detail that was brought to wrapping the desk of a colleague, who showed up late the day after group holiday party. The mouse! The stapler! The tight, clean corners on the monitors!