Citigroup mulls changes at U.S. consumer unit: report
NEW YORK (Reuters) - Citigroup Inc (C.N) Chief Executive Vikram Pandit is considering top-level changes in its U.S. consumer business to boost the unit's performance, according to the Financial Times, citing people close to the situation.
The paper said Pandit was looking both inside and outside Citigroup for experienced retail bankers to help lead the unit.
No final decision on the top ranks of the U.S. consumer business unit had been made as Pandit is still in the middle of a review of all Citigroup businesses, the paper said citing people close to the situation.
Citigroup was not immediately available for comment.
(Reporting by Yinka Adegoke; Editing by Erica Billingham)
© Thomson Reuters 2009 All rights reserved
Citadel enters the fray
Kenneth Griffin's powerful hedge fund has waded into the case of Goldman Sachs' purloined computer code, suing three of its former employees for setting up Teza Technologies. Full Article | Full Coverage
