Financial News Feeds
Pandit blames over-concentration in property and trading
Renée Schultes and Shanny Basar in New York
26 Nov 2008
26 Nov 2008
 |
Friday
09 January 2009
03:51 GMT
Vikram Pandit, chief executive of Citigroup, which accepted a $326bn (€251bn) rescue package in government loans and guarantees at the weekend told a US broadcaster in an interview last night that the bank's emphasis on trading was in part to blame for its troubles.
To read this article Register or Login
Restrictions on trials
If you have had a trial before or your company already has a corporate licence you may not be allowed to take a trial. If you are blocked from registering for a trial please contact our customer service team for assistance.
Do you want to purchase access to Financial News?
To discuss the options available please call us on +44 (0) 20 7309 7788 or email licensing@efinancialnews.com
| • | Citigroup faces pressure to slim down 25 Nov 2008 |
| • | Uncle Sam's Citigroup lifeline sparks rally 25 Nov 2008 |
| • | Swift Citigroup rescue helped save executives' jobs 25 Nov 2008 |
| • | Citigroup: A decade of highs and lows 24 Nov 2008 |