John Gerspach

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  Citigroup’s Pandit Rebuffed Despite Record Revenue

  By John Sullivan, AdvisorOne  |  April 18, 2012

  At an otherwise routine meeting, the only point of contention was the pay package, with more than half of attendees voting ‘nay.’

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  Citi Reports Record Revenue Led by International Transactions

  By Pallavi Gogoi, AP Business Writer  |  April 16, 2012

  The bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.

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  Citi Mulls Unloading Smith Barney Stake to Morgan

  By John Sullivan, AdvisorOne  |  March 22, 2012

  A Nomura Holdings analyst wrote in a letter to clients on March 22 that Citigroup executives indicated willingness to sell more than the scheduled 14% stake in Morgan Stanley Smith Barney if Morgan Stanley is interested.

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  Q4 Earnings: Citi Misses Earnings on Lower Results

  By Pallavi Gogoi, AP Business Writer  |  January 17, 2012

  At Citigroup, loans improved, but sales and profits–including those from its Morgan Stanley Smith Barney joint venture–declined year over year.

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  New Hire Roundup: Fidelity Names Presidents, SIFMA Gains President and Board Members

  By Marlene Y. Satter, AdvisorOne  |  November 10, 2011

  This week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.