Fortune 500 rank: 8 (Previous rank: 8)
2006 Revenues (millions): $146,777
Headquarters: New York, NY
Get quote: C
As operating expenses ate up new revenue, profits fell by 12% at the banking giant, which trailed the other Wall Street firms last year with a lagging stock price. A management shakeup ensued, with CEO Chuck Prince naming Robert Druskin as COO in December. Prince later removed Sallie Krawcheck as CFO, who became head of the company's global wealth management division after that unit's chief, Todd Thompson, quit abruptly. In April, the company announced plans to cut 17,000 jobs.
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© 2008 Cable News Network. A Time Warner Company ALL RIGHTS RESERVED.
Terms under which this service is provided to you. Privacy Policy
Terms under which this service is provided to you. Privacy Policy
* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer
| Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. All Times are ET. Intraday data provided by ComStock, an Interactive Data Company and subject to the Terms of Use. Historical, current end-of-day data, and splits data provided by FT Interactive Data. Fundamental data provided by Hemscott. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |