Who's out: Chairman and CEO Charles Prince stepped down Nov. 4 after losses piled up at the firm.
What's shaking: On Dec. 11, Citi named Vikram Pandit CEO and appointed Win Bischoff as chairman. Wall Street is waiting to see what moves Pandit makes to address Citi's pressing problems.
Cause of concern: Citigroup said it expects a reduction of between $8 billion and $11 billion in the fair value of its exposure to the subprime mortgage market.
 Citi CEO Chuck Prince was forced out after the firm reported massive mortgage-related losses.
Citigroup
| |
© 2010 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2010 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 provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
