Tags: bair | pandit | citi | ceo

Bair: Pandit Departure Is ‘Very Positive’ for Citigroup

Tuesday, 16 Oct 2012 09:49 AM

Vikram Pandit’s departure as chief executive officer of Citigroup Inc. will help the bank, said Sheila Bair, who clashed with him when she was chairman of the Federal Deposit Insurance Corp.

“This was a very positive move and the board discharged its responsibilities, and I think they should be commended for that,” Bair said in an interview with Tom Keene on Bloomberg Radio.


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Vikram Pandit’s departure as chief executive officer of Citigroup Inc. will help the bank, said Sheila Bair, who clashed with him when she was chairman of the Federal Deposit Insurance Corp.
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2012-49-16
Tuesday, 16 Oct 2012 09:49 AM
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