Vikram Pandit

Again, Citigroup (NYSE: C) has let down its shareholders. The bank's earnings declined by 11% in Q4 2011, according to its earnings release on Tuesday morning, and its revenue also fell by 7% compared to last year results. Earnings per share were down from 43 cents to 38 cents a share. While...

Earlier this fall a noted author, Michael Lewis, talked about an interesting investment strategy on CNN's Global Public Square. Lewis discussed his Moneyball book and the theory that people make misjudgments when they rely too much on their eyes instead of numbers and hard data. Lewis mentioned...

Bloomberg TV Exclusive: Citigroup CEO Vikram Pandit spoke about the financial crisis and the outlook for the bank and Citi Holdings division at the Securities Industry and Financial Markets Association's annual meeting in New York. Pandit said “we're a bank, not a supermarket” and that Citi is...

According to Bloomberg, Citigroup (NYSE: C) CEO Vikram Pandit told a breakfast group organized by Fortune magazine this morning that he would be happy to talk to the Occupy Wall Street protesters. Obviously, the movement has gotten the attention of the very high profile banker, who has overseen the...

Bank of America's (NYSE: BAC) CEO Brian Moynihan has been catching a lot of heat recently, and rightly so, given the bank's plunging stock price under his tenure. He is also making a name for himself due to his delusionally upbeat forecasts for his company that in no way conform to reality. The...

Citigroup (NYSE: C), the third-largest U.S. bank by assets, is shopping its U.S. consumer-lending unit, a business CEO Vikram Pandit put up for sale earlier this year, and there is apparently no shortage of interested suitors. BlackRock (NYSE: BLK), the world's largest asset manager, and private-...

Citigroup CEO Vikram Pandit tells FOX Business Network (FBN) that the bank has “absolutely” turned the corner and that they are “doing all the right things in executing our core strategy.” Pandit also states that the biggest challenge facing Wall Street today is to “make America competitive again...

Chief Executive Officer of Citigroup (NYSE: C), Vikram Pandit, recently spoke with Elizabeth McDonald over on Fox Business Network; he had some interesting things to say… When asked if the crisis is over at Citigroup, Mr. Pandit said, “the core earnings power of the company is strong.” And with the...

Bill Smith of Smith Asset Management, skewered Vikram Pandit, the CEO of Citigroup (NYSE: C) on Pimm Fox’s Taking Stock, radio show last Friday. Hell hath no greater fury than a shareholder burned. Smith is a long term holder of Citi’s stock, which he accumulated from the Traveler’s merger. The...

Citigroup (C) rose above $4 for the first time since December of 2009. Shares are trading at $4.20 in the after hours market. The stock has been on a roll lately rising over 20% since shares closed at $3.50 on March 5th. The last 2 days Citigroup has seen its volume explode with over 1 billion...