Citi CEO Pandit, directors sued over executive pay
Days after being rebuked by shareholders, Citigroup Inc chief executive Vikram Pandit and the bank's directors have been sued by a shareholder accusing them of awarding outsized pay to top executives.
Citi shareholders against $15 million package for Pandit, top execs
Showing frustration with large payouts to Wall Street executives, Citigroup's shareholders have voted against the bank's proposal on top level compensations, which included a USD 15 million package
Citi CEO Pandit's 2011 pay soars to $14.9 mln
Citigroup chief executive Vikram Pandit finally got his payday. The third biggest U.S. bank company paid Pandit $14.86 million in 2011, compared with a salary of $1 and no bonus in 2010, according to
Citigroup to axe 4,500 jobs in coming months: Pandit
Citigroup chief executive Vikram Pandit has announced 4,500 jobs cuts worldwide in the coming months as the US financial major seeks to trim costs in a bleak global economic environment.
The job cuts
Financial world needs more transparency: Vikram Pandit
Citigroup's Indian American chief executive Vikram Pandit says last week's collapse of MF Global Holdings Inc. proves that the financial world needs ever more transparency on disclosure and derivative
Citi's Vikram Pandit gets a $22.5 mn pay package
After working for years for a token annual salary of $1, Citigroup's Indian American CEO, Vikram Pandit has received a $22.5 million retention package that's partly tied to the future performance of t
Citi’s Pandit gets raise of $1.75 m
Washington, Jan. 22: Mr Vikram Pandit, the Indian American CEO of Citigroup Inc, is getting a big boost in his base salary from just $1 to $1.75 million after the bank reported the first profit for a
Citibank fraud: Indian CEO Vikram Pandit named in FIR
Gurgaon: Vikram Pandit, the Indian-born global CEO of Citibank, and its Chairman William R. Rhodes, were today named in an FIR filed with police accusing the bank of cheating and criminal breach of tr
Nooyi, Jha, Pandit among US' top-paid CEOs: Report
Washington: PepsiCo's Indra Nooyi, Motorola's Sanjay Kumar Jha and Citigroup's Vikram Pandit are the three Indian-Americans among US' highest paid CEOs listed by Wall Street Journal.
Nooyi is ranked