Citigroup CEO steps down
Vikram Pandit has stepped down as CEO of Citigroup.
October 16th, 2012
09:28 AM ET

Citigroup CEO steps down

Citigroup's CEO is stepping down, ending his tumultuous five-year reign as leader of the third largest bank in the United States.

The surprise announcement by Vikram Pandit sent the company's shares down 2% this morning, no doubt, as shareholders wondered what the move meant for Citigroup.

Citigroup's President and COO John Havens also resigned.

For more on the shake-up, head over to

March 29th, 2010
11:35 AM ET

Treasury moves closer to selling Citi stake

The Treasury Department said Monday it was moving closer to unloading its entire stake in Citigroup, but offered little insight into the timing of the sale.