J. Crew, Neiman Marcus and some other retailers facing bankruptcy after the pandemic have a common problem: large debt loads from leveraged buyouts. I.M.F. Takes Firmer Stand Favoring Relief for Greek ...
FILE PHOTO: Vikram Pandit, chief executive officer of Citigroup Inc., speaks at the U.S. Export-Import Bank annual meeting in Washington, D.C., U.S., on Friday, April ...
Last night, for the first time in what seems like forever, Vikram Pandit had some good news. “I am most encouraged with the strength of our business so far in 2009,” the Citigroup CEO typed in a memo ...
Scuttlebutt has it that Citigroup CEO Vikram Pandit is on his way out. Why? Well, there was the $8.3 billion loss they announced this morning, and his sudden about-face-making decision to “realign” ...
Former Citigroup CEO Vikram Pandit, who resigned last month under pressure from company directors, and former chief operating officer John Havens will receive more than $15 million each, the company ...
Vikram S. Pandit, a former chief executive of Citigroup, is betting that a start-up that lends to M.B.A. students and refinances existing debt will be able to compete with the giants of Wall Street.