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Breaking News Sun, 11 Nov 2012
Citigroup Should Start Earning Their Money The Old Fashioned Way
Seeking Alpha
| So much for the captain going down with the ship. Vikram Pandit for the last five years has run Citigroup (C) into the ground and now has been pushed overboard. | Citigroup is a real mess and perhaps new leadership can help straighten it out. First...
Former Citigroup chief executive Pandit receives £15.5m payour
The Independent
| Vikram Pandit will pick up nearly $15.5m (£9.75m) from Citigroup despite being forced to resign as chief executive last month. | The pay-out is embarrassing for the US banking giant, as there was a shareholder revolt earlier this year against Mr P...
Ex-Citigroup chief Pandit paid $US6.7m
Sydney Morning Herald
| AP | Citigroup has paid its former CEO Vikram Pandit, who resigned abruptly last month, a bonus of $US6.7 million ($A6.47 million) for work he did for the bank this year. | The bank, which disclosed the payment in a regulatory filing, also paid its...
Ex-Citigroup chief Pandit paid $US6.7m
Canberra Times
| AP | Citigroup has paid its former CEO Vikram Pandit, who resigned abruptly last month, a bonus of $US6.7 million ($A6.47 million) for work he did for the bank this year. | The bank, which disclosed the payment in a regulatory filing, also paid its...
Citigroup to pay $6.6 million to former CEO Vikram Pandit
DNA India
| Citigroup will pay its former India-born Chief Executive Officer Vikram Pandit, who had unexpectedly resigned from his position last month, $6.6 million in incentive awards for 2012. | The financial giant will also pay its former President and Chie...
Citigroup former CEO Vikram Pandit receive $15.5 million
Deccan Chronicle
| Citigroup said it will pay $15.5 million to Vikram Pandit, its former chief executive who resigned from company last month, as well as to his top deputy. The Bank said on Friday the payments to Pandit and former chief operating officer John Havens ...
Citigroup to pay Pandit, Havens more than $15 million each
Deccan Herald
| Citigroup said it will pay $15.5 million to Vikram Pandit, its former chief executive who resigned from company last month, as well as to his top deputy. | The bank said on Friday the payments to Pandit and former Chief Operating Officer John Haven...
Banking
Corporation Bank Kingfisher exposure huge
(photo: WN / Geeta)
Corporation Bank Kingfisher exposure huge
Indian Express
| Corporation Bank has said that its loan exposure to the financially troubled Kingfisher Airline was about Rs 160 crore and it is hopeful of the recovery. | The carrier had borrowed Rs 160 crore from the bank, Corporation Bank Executive Director A L Daultani said when asked about its loan exposure to the beleaguered airline. | He said he is hopefu...
Finance
Protect your financial plan: Transfer the risk
(photo: USMC / Caleb Gomez)
Protect your financial plan: Transfer the risk
The Gleaner
| Oran A. Hall, Contributor | Love is the only kind of fire which is never covered by insurance -- Kin Hubbard | A fire can destroy a financial plan. But so can water, earthquake, hurricane Sandy and other perils for the individual who chooses not to transfer risk by insuring his assets. | Would you say that a plan that excludes insurance is a comp...



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