Citi needs 500 bankers and traders to help it ride the “global genie” train. Read more »
Vikram Pandit
“We’re not up to the level of earnings and profitability and sustained, responsible growth we know we can get this thing to,” Parsons told CNBC, ahead of the bank’s annual meeting in New York City. “I think that’s the assignment for this year.” [CNBC]
“This move is simply a poorly thought out one by management; hopefully it will do better running the business.” Read more »
Lloyd? Jamie? Gorman? Vikram loves a good beat, how about him? Read more »
The body language experts at Fox Business could tell Vikram Pandit was telling the truth when he said it because he didn’t run away. He stood there. Cool. Calm. And owned it. Read more »
Give it up for Vikram! Read more »
The investment in the former has made Paulson and Co over $1 billion since mid-2009 and the latter is on the up and up. Read more »
From Citi’s latest 8-K, which Vikula is going to have framed and hung in his office: Read more »
Proving yet again that in this country, we don’t let banks fail even if they want to. Read more »
For those of you who failed to mark it down on your calendars, please be advised that today is Vikram Pandit’s birthday (his 54th to be exact). Normally we’d tell you to drop what you’re doing and pick up something for him A-SAP but this year we’d advise you to go the no presents route. Not because Vickles is one of those faux modest jerks who says “no gifts, just your company” while not really meaning it but because we can say with absolute certainty that you will not top the gift to end all gifts Vikula is already poised to receive. Dick Parsons, if you’ll do the honors. Read more »
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Sponsored Content
SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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