Citigroup's chief financial officer, Gary Crittenden, is leaving his post and becoming chairman of Citi Holdings, the unit created to sell off the bank's riskier assets. A person familiar with the decision said Crittenden decided to change jobs due to an illness in his family ...

Last July, just months after joining Citigroup (C) as chief financial officer, from American Express (AXP), Gary Crittenden addressed the analyst community in his first earnings conference call. It was a particularly upbeat event, given that the bank had just turned in record quarterly profits of $6.23 billion. Ever since, however, it has posted nothing but losses. Worse, Citi ...