Investing: Not so self assured
The loss of Guy Hands’ lawsuit against Citi over his purchase of EMI has become a case study in the rise and fall of big banks and buy-out empires alike
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Pandit quits Citi after board clash
Vikram Pandit ends his nearly five-year term as chief executive after a clash with the board over performance, according to people close to situation
Pandit hands back Citi’s poisoned chalice
Vikram Pandit known for being a moderate manager with astute political instincts but ultimately ends tenure with an 89% drop in the bank’s share price
Interactive timeline: Pandit at Citi
This interactive timeline tracks key events during Vikram Pandit’s five-year tenure as Citigroup chief executive
Profile: Michael Corbat
The Citi veteran played a key role in divesting non-core assets and businesses to slim down the sprawling global financial conglomerate
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Comment and analysis
A win for Citi but banking is still in the dock
The industry cannot be trusted to manage conflicts of interest of the kind exposed by Citigroup’s legal battle with Terra Firma, writes Philip Augar
Hands in the dock
Lax regulation allowed publicly insured banks to make unwise leveraged loans while being ensnared in conflicts of interest. Hopefully, Guy Hands’ battle over EMI will highlight this problem
We built this Citi
The bank has had its share of rock and roll. After more than two years of noise, now it is time to build a business – while still winding down another
Why a Lehman deal would not have saved us
If only Lehman Brothers had been saved, all would have been for the best in the best of all possible worlds. Actually no. A decision to bail out the bank would almost certainly have had worse consequences than letting Dick Fuld and his company go under, writes Niall Ferguson
Regulatory protectionism won’t stop shocks
The fall out from the financial crisis had a far-reaching impact, but putting the brakes on globalisation is not the right answer, writes Henny Sender
Upbeat Citi
Citigroup has had to pull out all the stops. But the reality is that beyond the trading floor, a slowing global economy is hurting almost all of the rest of the US bank
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