Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.

This morning's surprise is a whopper: Vikram Pandit, the chief executive of Citigroup Inc., has stepped down, effective immediately. His successor is Michael Corbat, who headed the bank's ...

Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director.

Citigroup Inc Chief Executive Vikram Pandit resigned abruptly on Tuesday after months of simmering tensions with the board of directors, a shocking change at the top of the No. 3 U.S. bank.

In a stunning move Citigroup (C) announced this morning that CEO Vikram Pandit and COO John Havens were resigning effective immediately. The departures come just one day after the big bank ...

Here is alinkto the memo sent by Vikram Pandit, chief executive of Citigroup Inc., which has investors buzzing with enthusiasm for financial stocks on Tuesday morning. According to the memo ...

Citigroup Inc. says Vikram Pandit is stepping down as CEO and a board member.The New York bank's new CEO will be Michael Corbat, the CEO of the company's Europe, Middle East and Africa division ...

Vikram Pandit has already come out and told the Wall Street Journal that the decision to leave Citigroup, Inc. (NYSE: C) was his decision alone. Now we have CNBC's Maria Bartoromo speaking with him, ...

Vikram Pandit, CEO of Citigroup, may have agreed before the U.S. Congress this week to lower his salary to $1 until the company regains profitability, but that doesn't mean lowered salaries are ...

NEW YORK–Citigroup Inc. named Vikram Pandit, the head of its investment banking business, as its chief executive yesterday, charging him with restoring the bank’s profitability and reputation ...