Advertisement

Help
You are here: Rediff Home » India » Business » Slide Shows » Photos
Search:  Rediff.com The Web
Morgan Stanley CEO John Mack (left) and Citigroup CEO Vikram Pandit at the US Treasury Department. | Photograph: Mark Wilson/Getty Images
  Email  |    Discuss  |   Get latest news on your desktop

Next

Can Pandit save Citibank from doom?

November 19, 2008

Citigroup, the American banking behemoth, is in trouble. . . big trouble. Survival is at stake and Citigroup Inc chief executive Vikram Pandit is fighting with his back to the wall.

With the bank clocking in losses of more than $20 billion, its revenues down by 35 per cent this year and the economic crisis intensifying across the globe, there's little room for manoeuvring at Pandit's disposal. So what does he plan to do? Check out. . .

Image: Morgan Stanley CEO John Mack (left) and Citigroup CEO Vikram Pandit at the US Treasury Department. | Photograph: Mark Wilson/Getty Images

Also read: Top 10 knowledge process outsourcing companies
Next

Live updates on money.rediff.com
© 2008 Rediff.com India Limited. All Rights Reserved.Disclaimer | Feedback