Sunday, November 4, 2007

Indian to become Citigroup CEO?

From the Times of India:

Vikram Pandit, an Indian origin banker, is understood to be in the reckoning to head the world's largest banking institution Citigroup, whose current CEO is reportedly planning to resign later today...MORE

Although the New York Times headline is:
Ex-Treasury Chief to Fill In at Citigroup

Citigroup's board is highly likely to name Robert E. Rubin the former Treasury secretary and an influential adviser to its embattled leader, as its interim chairman at an emergency meeting today, according to a person briefed on the situation....MORE