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Exclusive: Hedge fund Portman Square scales back, CEO steps down - sources

LONDON/ZURICH (Reuters) - The chief executive of one of Europe's most talked-about new hedge fund firms has stepped down in a bid to save costs after a big investor pulled its support, people familiar with the situation said. Full story

Citigroup bows to shareholder pressure, overhauls pay

NEW YORK (Reuters) - Citigroup Inc <C.N> said on Thursday it has overhauled an executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability. Full story

Citi's Corbat builds bridges with regulators

(Reuters) - Citigroup Inc's Michael Corbat has been meeting with bank regulators in his first months as CEO, as he looks to bolster relationships and finalize the bank's plan to return capital to shareholders, sources familiar with the matter said. Full story

Citigroup chairman O'Neill buys $1 million Citi stock

(Reuters) - Citigroup Inc <C.N> chairman Michael O'Neill bought $1 million of the bank's stock about a month after the exit of chief executive Vikram Pandit. Full story

The biggest struggle yet for Citi's repairman

(Reuters) - When Citigroup Inc's board of directors was looking for a chief executive in 2007, it called Michael O'Neill, who had turned around Bank of Hawaii Corp a few years before. Full story

Pandit Pushed Out?

   The resignation of Citigroup CEO Vikram Pandit last week may not have been as sudden as it seemed, reports CNBC's Kayla Tausche.

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CEO average pay jumps to almost $10 million

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  Citi's O'Neill Calling the Shots

Discussing the departure of Vikram Pandit at Citi, with Todd Schoenberger, The BlackBay Group, and Chris Whalen, Tangent Capital Partners.

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Citigroup's CEO Vikram Pandit gives an interview on the floor of the New York Stock Exchange
Citigroup's CEO Vikram Pandit gives an interview on the floor of the New York Stock Exchange

Citigroup's CEO Vikram Pandit gives an interview on the floor of the New York Stock Exchange June 18, 2012. REUTERS/Brendan McDermid

Pandit delivers remarks at the Bretton Woods Committee International Council conference in Washington
Pandit delivers remarks at the Bretton Woods Committee International Council conference in Washington

Citigroup CEO Vikram Pandit delivers remarks at the Bretton Woods Committee International Council conference in Washington, September 23, 2011. REUTERS/Jonathan Ernst

Former Citigroup CEO Vikram Pandit (©Jemal Countess / Getty Images)
Former Citigroup CEO Vikram Pandit (©Jemal Countess / Getty Images)

FILE - OCTOBER 16, 2012: It was reported that Vikram S. Pandit had stepped down as chief executive of Citigroup and will be replaced by the head of the bank’s European and Middle Eastern division, Michael L. Corbat October 16, 2012. NEW YORK, NY - OCTOBER 12: CEO of Citigroup Vikram Pandit speaks

Citigroup CEO Vikram Pandit in 2011
Citigroup CEO Vikram Pandit in 2011

Citigroup CEO Vikram Pandit in 2011