News on Charles Prince

Weill faults Prince, management for Citi woes: report

2010-02-23T01:58:41Z

<div><p>NEW YORK (Reuters) - Former Citigroup &lt;C.N&gt; Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon...

THE MOST POWERFUL BANKER YOU'VE NEVER HEARD OF

2010-02-25T11:46:56Z

<div><h1> THE MOST POWERFUL BANKER YOU'VE NEVER HEARD OF </h1><p>Lewis B. Kaden doesn't stand out among the high-powered executives on Citigroup's organizational chart. He's one of three people who carry the title of vice-chairman, and he doesn't run a big revenue-generating business such as investment or retail banking. Kade...

Judge tosses most claims in Citigroup lawsuit

2010-03-01T08:07:26Z

<div id="subtitle">Delaware judge dismisses most claims in Citigroup subprime lawsuit</div><div><p>Corporate directors cannot be held liable for taking risks that result in enormous financial losses unless they do so in bad faith or with conscious disregard of their fiduciary obligations to the company, a Delaware judge has ruled in a...

MEREDITH WHITNEY SEES PLENTY OF PAIN AHEAD FOR CONSUMERS

2010-03-01T04:21:49Z

<div><h1> MEREDITH WHITNEY SEES PLENTY OF PAIN AHEAD FOR CONSUMERS </h1><p>In a little over a year, Oppenheimer Managing Director Meredith Whitney has become one of the most influential voices on Wall Street. Her unvarnished views--especially about Citigroup--hav...

Michael White's political blog: November 6

2010-03-02T03:54:45Z

<div><p><em class="bold">Mid-morning, Westminster:</em></p><p><em class="bold">Gordon Brown</em> deliberately forfeited some freedom of manoeuvre - and surprise - when he pre-announced most of the Queen's speech programme in July in order to facilitate wider public debate. But today's FT reports that only 71 people took up his of...