ThinkstockWhen Vikram Pandit abruptly left Citigroup Inc. (NYSE: C) last month, the story was that it was his decision to do so. Maybe, but Pandit’s missteps over the years did not leave…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Monday. Alcatel-Lucent S.A. (NYSE: ALU) maintained Underperform at BofA/ML and maintained Hold at Argus,…
Former Citigroup Inc. (NYSE: C) CEO Vikram Pandit will be paid approximately $6.7 million as he departs the company. Former chief operating officer John Havens, will receive slightly more, according to an…
Douglas A. McIntyre The U.S. Federal Reserve Bank and other U.S. bank regulators said this morning that new regulations related to capital reserve requirements for the country’s banks will be delayed beyond the current January…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe Financial Stability Board released its evaluation of G-SIBs. Another way to put that is a review of the financial health of “systemically…
ThinkstockUBS A.G. (NYSE: UBS) has made it official. It will cut 10,000 jobs, primarily in its fixed-income operations. The financial firm said the move will save it $3.6 billion over the next…
ThinkstockUBS Job Cuts UBS A.G. (NYSE: UBS) has made it official. It will cut 10,000 jobs, primarily in its fixed-income operations. The financial firm said the move will save it $3.6 billion…
The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
Updated throughout the day on the 24/7 Wall St. Wire: Vikram Pandit was pushed out of Citigroup Inc. (NYSE: C) because of tensions with chairman Michael O’Neill over how the CEO handled daily…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday. ADT Corp. (NYSE: ADT) started as Outperform with $45 target…
Ratings firm Moody’s did not think much of the decision by the Citigroup Inc. (NYSE: C) board to push out CEO Vikram Pandit. Moody’s changed its outlook of Citi’s Baa2 rating from stable…
Apple Inc. (NASDAQ: AAPL) supplier Foxconn says an underage worker was used at one of its facilities. (Reuters) Intel Corp.’s (NASDAQ: INTC) earnings raise more concern about PC sales. (Reuters) A fight…
On the back of the resignation of Citigroup (NYSE: C) CEO Vikram Pandit, Moody’s has “affirmed all its ratings on Citigroup Inc. (senior at Baa2) and its major subsidiaries including Citibank N.A., (senior debt…
Douglas A. McIntyre The three major U.S. stock indexes opened higher this morning following a report that economic sentiment in Germany came in better than expected (more coverage here) and that U.K. inflation was lower…
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…
Jon C. Ogg 
