Vikram Pandit

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  Morgan Stanley Tops Estimates; Loses 300 Advisors

  By Janet Levaux, AdvisorOne  |  April 19, 2012

  Morgan Stanley Smith Barney advisors have average production of $787,000 and assets of $101 million.

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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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  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.

• Citigroup’s Vikram Pandit: Today ‘Fundamentally Different’ from 2008

  By John Sullivan, AdvisorOne  |  November 8, 2011

  Citigroup CEO Vikram Pandit said leverage brought on the crisis of 2008, while living with the consequences of a period of over-leveraging characterizes the market today, which he says is a fundamental difference between the two.

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  Q3 Earnings: Citigroup's Climb 74% on Accounting Gain

  By Joyce Hanson, AdvisorOne  |  October 17, 2011

  Citing a one-time accounting boost, Citigroup reported a 74% rise in Q3 2011 profits compared with a year ago. Citi CEO Vikram Pandit said the bank continues to pare down its brokerage and asset management units.

• From Wall Street to Fleet Street: Protests Set for London

  By Marlene Y. Satter, AdvisorOne  |  October 13, 2011

  The Occupy Wall Street movement, whose growing presence in Lower Manhattan has steadily attracted more notice, is spreading to Fleet Street, where protestors plan a Saturday march to the London Stock Exchange.

• Citigroup Names New President, COO One Day After Q4 Earnings Release

  By Joyce Hanson, AdvisorOne  |  January 19, 2011

  A day after announcing disappointing yet profitable earnings, Citigroup CEO Vikram Pandit said John Havens, CEO of Citi’s investment bank, will become the bank’s president and COO.

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  2010 Q4 Earnings: Citigroup Sees Profits for First Time Since 2007

  By Joyce Hanson, AdvisorOne  |  January 18, 2011

  For the first time since CEO Vikram Pandit took over the leadership of Citigroup in 2007, the bank reported annual profits in its end-of-year earnings, at $10.6 billion, or $0.35 per share.

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  Citigroup Boosts Profits on Weak Sales

  By Janet Levaux, AdvisorOne  |  October 18, 2010

  Citigroup (C) reported third-quarter net income at $2.17 billion, or $0.07 a share, beating analysts' estimates by $0.01. Sales of $20.7 billion, however, missed estimates by $45 million.