Citigroup on Wednesday announced the promotion of John Havens, the head of its Institutional Clients Group, to president and chief operating officer. The move is designed to make the financial behemoth nimbler by cutting the nu…
Citigroup Inc. (C) will pay five of its top executives almost $33 million in stock compensation this year and plans to increase its CEO’s salary above his $1 a year figure in 2011, marking the financial institution’s effort to…
This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider’s look at the fate…