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Enron settlement a victory for shareholders?

Believe it or not, Enron is still making news, the latest of which is good for many shareholders. A judge has approved a $7.2 billion settlement that will provide funds for those who purchased Enron... Read more...

ALSO NOTED: Citigroup seeks more financial expertise for board;

> Jeffrey Skilling appeals the Enron decision. Article> Security and compliance increasingly requires a... Read more...

Bank showdown with auditors looming

The worst job in the industry right now: Auditing the books of top banks, the likes of Citigroup and JP Morgan Chase. The stakes are really high. The New York Post notes that little-known law, passed... Read more...

Case study: Replacing tape

CitiStreet, a unit of State Street and Citigroup, has taken the plunge--the same one many companies are pondering. Pressured by compliance needs and escalating costs, it moved away from a... Read more...

ALSO NOTED: Are you ready for e-proxies?; Firm launches new secure data destruction tool;

> Citigroup has decided to streamline its compliance operations. The bank was forced to really staff up due to some regulatory issues but now wants to rationalize it all. Makes a lot of sense.... Read more...

Time to make sure your CFO is happy

We've spoken a bit about all the high-level CFO turnover recently. Well, it... Read more...

CFOs want out fast

Sallie Krawcheck of Citigroup and Alvaro De Molina of Bank of America are hardly the only CFOs who wanted out. Last year, 12 Fortune 50 CFOs opted to quit, and few would be surprised if the trend... Read more...

Press Releases

Citi Board Names Vikram Pandit Chief Executive Officer and Sir Win Bischoff Chairman

New York – The Board of Directors of Citi today announced that it has appointed Vikram Pandit as the company's new Chief Executive Officer and member of the Board of Directors, effective Read more >>

Citigroup appoints Jorge Bermudez as Chief Risk Officer

FOR IMMEDIATE RELEASE Citigroup Inc. (NYSE: C) November 16 2007 New York – Citi today announced the appointment of Jorge A. Bermudez as Chief Risk Officer, with responsibility for market, credit, Read more >>

Robert E. Rubin to Serve as Chairman of the Board of Citi

Sir Win Bischoff to Serve as Acting Chief Executive Officer Charles Prince Elects to Retire from Citi New York – The Board of Directors of Citigroup Inc. today announced that Robert E. Rubin, Read more >>

John Redpath Joins Deutsche Bank as Global Head of Oil Products and Agriculture Trading

Deutsche Bank Securities Inc. today announced that John Redpath has joined as a Managing Director and Global Head of Oil Products and Agriculture Trading in the Global Markets division. In this role, Read more >>

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