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Vikram Pandit

12 Wall Street executives took home over USD 1 bn in 5 years

hindu.com
7 hrs ago
        

New York (PTI): In the midst of a financial turmoil, raising questions over fat executive pay packets, a media report on Tuesday listed out 12 top bankers of Wall Street who collectively took home over one billion dollars in...

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yahoo.com: [Wachovia] yahoo.com

Citigroup and Wells Fargo seek compromise on Wachovia

iht.com
21 hrs ago 613 related
        

Prodded by the Federal Reserve, Citigroup and Wells Fargo agreed to a cease-fire until Wednesday in the legal warfare over their competing bids for the Wachovia Corporation. Citigroup and Wells Fargo are continuing talks over...

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FINGERPOINTING AMID THE WRECKAGE

nypost.com
15 hrs ago 15 related
        

As Sheila Bair, chairman of the Federal Deposit Insurance Corp., spoke at a luncheon in Washington yesterday, questions swirled about her agency's role in sparking the legal brouhaha over the fate of struggling banking giant...

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The EU's struggle to act in harmony

iht.com
yesterday 3 related
        

It was another tough weekend for European politicians and bankers. On Sunday morning, three European banks faced serious challenges. By Monday morning, all these problems had been sorted out - by a bigger rescue, a takeover and...

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Indian-American given job of saving Wall Street

indiatimes.com
yesterday 199 related
        

6 Oct 2008, 2223 hrs IST, Chidanand Rajghatta,TNN WASHINGTON: A 35-year-old Indian-American whiz, whose parents migrated from Jammu and Kashmir, is being entrusted with the task of rescuing Wall Street, the US economy — and the...

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Flawed rescue package provides relief to private sector

telegraph.co.uk
yesterday
        

Hank Paulson's plan to save the US banking system was almost looking superfluous. Since the House of Representatives voted down the 700bn bailout on Monday sending markets tanking signs of life emerged from the private sector...

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yahoo.com: Felix Salmon yahoo.com

Wells, Citi square off in Wachovia bid

cnn.com
Oct 3, 2008 521 related
        

Wachovia and Wells Fargo announced plans to merge Friday....just four days after Citigroup said it would buy Wachovia's banking assets. But Citigroup is not giving up on its plans to buy Wachovia just yet.

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charlotte.com: Wachovia tower charlotte.com

Citigroup shares drop on failure of Wachovia deal

marketwatch.com
Oct 3, 2008 22 related
        

NEW YORK (MarketWatch) -- Shares of Citigroup Inc. fell by more than 10% in premarket trading Friday after the announcement that Wells Fargo is buying Wachovia Corp. . Citi shares were trading at about $20.20, down from...

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On the Seventh Day, They Worked, Amid Finance Crisis (Bloomberg)

yahoo.com
Oct 3, 2008 2 related
        

Oshrat Carmiel and Demian McLean 50 minutes ago Oct. 3 (Bloomberg) -- From Wall Street to Washington, the U.S. credit crisis has claimed the leisurely weekend along with Lehman Brothers Holdings Inc. and Washington Mutual Inc....

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Wells-Wachovia: Good for Everyone but Citi (Portfolio.com)

yahoo.com
Oct 3, 2008 10 related
        

Maybe Warren Buffett changed his mind? Wells Fargo has now snatched Wachovia out of the jaws of Citigroup. This deal is good for the US taxpayer, which no longer has to backstop the acquirer's losses on the deal, and bad for...

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