ALL >> Business >> View Article
New Financial Officer For Citigroup / Bradley Associates
Bradley Associates, More management changes to come as US government takes seat on board.
(I-Newswire) July 31, 2009 - Bradley Associates reporting from the US on the current banking crisis.
After the banking crisis where we nearly saw a complete meltdown of the banking sector the CitiGroup has started its biggest management shake since the crisis begun.
They have replaced their Financial Officer and are ready to appoint a new banking chief. Bradley Associates analysts believe this shake up is down to the government owning 34 percent and will want a major say that is appointed in key positions within the company.
The ousted executive was warned about performance and was under huge pressure to make sure that the bank got back on its feet. However shareholders where not happy with the performance and have now appointed Vikram Pandit to improve the company. Bradley Associates analysts explain Vikram is under huge amounts of pressure to turn the company around, his primary concern will be to rid the toxic debts from the company.
CitiGroup has been slow to appoint someone to take on this ...
... challenge but it will be interesting to see how the company will work with the government, it being a major shareholder.
Bradley Associates explain that Vikram has come with a strong reputation and if anyone one can turn a company around he can. The first few months will be testing times for Vikram but he is know in the industry to take on huge tasks and to executes them with consummate ease.
Add Comment
Business Articles
1. Military Spring Snap Hooks | Buckles InternationalAuthor: Buckles International
2. Fast Cash Loans Online: An Enticing Combination Of Features
Author: Lucy Lloyd
3. Why Retail Billing Software Is Essential For Modern Retail Businesses
Author: Ginesys
4. Top Quality Kvak Bird Food From Feather Incorporation
Author: Kvak bird food
5. Easy & Quick Short Term Loans Online To Make Your Life Easier
Author: Robert Miller
6. Luxury Wedding Cars: The Perfect Touch For Your Big Day
Author: Andy
7. Unlock Growth Opportunities With The Booming Mena Bpo Market
Author: Andy
8. Top 10 Website Development Company In India
Author: Karthika
9. Efficient Online Petrol Pump Software For Modern Fuel Management
Author: Rupasri
10. Why Is Financial Reporting Crucial For The Success Of Small Businesses?
Author: Bappaditta Jana
11. How Iso 27001 Consultancy In Telangana Helps Mitigate Cybersecurity Risks
Author: Qadit
12. The Importance Of Iso 27001 Consultancy In Telangana
Author: Qadit
13. The Importance Of Strategic Finance In Today's Business!
Author: Bappaditta Jana
14. Make Restaurant Management Easier With Our Restosoft-restaurant Billing Software
Author: restosoft
15. Osumare: The Best Seo Company In Delhi
Author: Anushka