Citigroup, under pressure, names new COO
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Citigroup,  under pressure to cut  costs and boost revenues, said on Monday it had named Robert  Druskin as chief operating officer.
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Citigroup, the world&#39;s largest banking group, promoted Sallie Krawcheck yesterday to the role of chief financial officer and head of strategy, making her arguably the most powerful woman on Wall Street.
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Citigroup said that Sallie L. Krawcheck, the former equity analyst recruited to the bank to clean up its research department, would become its chief financial officer.
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Deutsche Bank shuffled the ranks in its executive suite on Tuesday, putting more power into the hands of two prominent investment bankers based in London, but also naming
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Robert Druskin, Citigroupâs new chief operating officer, said he aims to make a âleaner, thinner Citigroupâ to win over frustrated investors.
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Citigroup Inc., the world&#39;s largest bank, said the Securities and Exchange Commission may take enforcement action against Thomas Jones, the investment- management chief who is leaving the company.
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The chief executive of Citigroup has taken a number of symbolic steps to address concerns by investors that his company is too immense to manage.
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Rental chain replaces chief executive who was a frequent target of criticism from Carl Icahn.
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Citigroup Inc., the world&#39;s largest bank, said the US Securities and Exchange Commission may take enforcement action against Thomas Jones, who ran the company&#39;s investment-management unit.
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&#39;We&#39;re not a deal-focused company,&#39; Prince tells newspaper; adds bank must focus on ethics. NEW YORK  - The chief executive of Citigroup Inc.
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Citigroup Inc. , under pressure to cut costs and boost a lackluster share price, promoted corporate and investment banking head Robert Druskin to chief operating officer on Monday.
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Citigroup Inc. (CN: Quote, Profile, Research) on Friday said US securities regulators are thinking of recommending enforcement proceedings against the former head of Citigroup Global Investment Management.
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Citigroup Inc. (CN: Quote, Profile, Research) on Friday said US securities regulators may recommend enforcement proceedings against the former head of Citigroup Global Investment Management.
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The staff of the U.S. Securities and Exchange Commission is considering recommending a civil injunction and/or administrative proceedings against Citigroup Asset Management, Citicorp Trust Bank, former asset management unit Chief Executive Thomas Jones and three other people, Citigroup  said on Friday.
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The recent woes of Citigroup   have encouraged some investment bankers to talk up the chances  that the biggest U.S. bank might feel pressure to buy a major  U.S. rival, with Wells Fargo & Co.  and even Goldman  Sachs Group  touted as potential merger partners.
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Facing an uproar that is shaking even his own supporters, Governor Deval Patrick said yesterday that he made a mistake when he called a top executive at Citigroup , which has operations that are regulated by the state, to vouch for a controversial lending firm.
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Citigroup is expected to name Gary L. Crittenden as its new chief financial officer in a move that aims to appease frustrated investors.