Vikram Pandit

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Vikram Pandit - Total results - 33
Saudi Prince Alwaleed bin Talal held: West Asia's Warren Buffet worth $17 bn, is an advocate of women's rights
World

Saudi Prince Alwaleed bin Talal held: West Asia's Warren Buffet worth $17 bn, is an advocate of women's rights

Saudi Arabia’s future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including Alwaleed bin Talal.

JM Financial's Nimesh Kampani to step down from executive position in September
Business

JM Financial's Nimesh Kampani to step down from executive position in September

Kampani became a well-known figure in the stock market circles after he brokered the Ambani brothers settlement in 2005

Vikram Pandit, other marquee investors pump in $75 mn into Bitcoin co Coinbase
Business

Vikram Pandit, other marquee investors pump in $75 mn into Bitcoin co Coinbase

One Bitcoin is currently valued at $206, about one-sixth of its peak price of about $1,200 apiece in 2013.

Vikram Pandit-led global fund pumps in Rs 540 cr into JM Financial's realty co
Corporate

Vikram Pandit-led global fund pumps in Rs 540 cr into JM Financial's realty co

Former Citigroup chief executive Vikram Pandit-led global fund has invested Rs 540 crore in JM Financial's real estate lending subsidiary FICS.<br />

Ambani, Bajaj, Mahindra among Indian execs skipping WEF
Biztech

Ambani, Bajaj, Mahindra among Indian execs skipping WEF

Despite these dropouts, Indian delegation still runs into about 125 business and political leaders, which makes India's presence fourth largest after the US, UK and the host country Switzerland.<br /><br />

Banking licence: Vikram Pandit's India play will not be easy
Business

Banking licence: Vikram Pandit's India play will not be easy

It remains to be seen how Pandit, who is credited with steering Citi out of its darkest days, plans on making lives better for millions of Indians through financial inclusion without actually getting his hands dirty.

JM Financial is Pandit's first public investment since Citi ouster: All you need to know
Business

JM Financial is Pandit's first public investment since Citi ouster: All you need to know

JM Financial would also nominate Pandit as the non-executive chairman of the NBFC

Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India
Business

Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.

Vikram Pandit joins race for Indian banking licences
Business

Vikram Pandit joins race for Indian banking licences

Pandit may either form a team of ex-Citi colleagues for the operational impetus to the bank or could lead the banking venture for an existing corporate house.

What Indians in US must learn from Black History
World

What Indians in US must learn from Black History

Afro-Americans realised that the end of slavery did not end racism. Indian Americans must similarly realise that they cannot gain acceptance in modern-day US by trying to become more white

Citigroup's new chief launches first salvo: Cuts 11,000 jobs
Business

Citigroup's new chief launches first salvo: Cuts 11,000 jobs

The cuts are Chief Executive Michael Corbat's first major steps to reorganize the company since he took the reins in October after directors pushed out his predecessor, Vikram Pandit.

Revamping Citi is biggest struggle for repairman O'Neill
Business

Revamping Citi is biggest struggle for repairman O'Neill

O'Neill, who hand-picked new CEO Michael Corbat, has an uphill task ahead of him. Citigroup is groaning under $171 billion of assets it wants to shed, has high expenses, and its profitability lags behind that of such competitors as JPMorgan Chase & Co

Citi awards Pandit, Havens more than $15 mn each
Business

Citi awards Pandit, Havens more than $15 mn each

O'Neill said directors decided that it was fair for the men to receive incentive pay for the progress made in 2012

Boardroom coup: 'Citi chairman planned Pandit's exit for months'
Business

Boardroom coup: 'Citi chairman planned Pandit's exit for months'

The chairman manoeuvred behind the scenes for months ahead of that day to force Pandit out and replace him with Michael L. Corbat, the board's chosen successor, the NYT reported

Unlike Pandit, new Citi CEO Corbat to promote execs from within
Business

Unlike Pandit, new Citi CEO Corbat to promote execs from within

Corbat has said he will take the next several weeks to review the reporting structure, but names of potential candidates in what could be a round of reshuffling atop the third largest US bank are already beginning to surface among insiders.

Pandit's successor Corbat to take home $1.5 mn base pay
Business

Pandit's successor Corbat to take home $1.5 mn base pay

Corbat's salary is lower than Pandit whose base pay touched $ 1.75 million in 2011. Pandit's overall compensation was more than $ 14.86 million in 2011.

What lies ahead for Citi: More cost-cutting, shrinking?
Business

What lies ahead for Citi: More cost-cutting, shrinking?

In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the third-largest US bank.

Was Vikram Pandit forced to step down from Citi?
Business

Was Vikram Pandit forced to step down from Citi?

Citigroup's India-born chief Vikram Pandit, who has made a sudden exit, was forced to leave the banking behemoth following differences with the board over strategy and overall business performance, media reports said.

Citigroup's ex-boss Vikram Pandit can declare victory and go home
Business

Citigroup's ex-boss Vikram Pandit can declare victory and go home

According to senior bankers, Pandit's shock resignation was under duress, a board coup, not a planned retirement. Did Pandit and Citi's board clash over his pay, his management or the bank's strategy?