Account
There are rumblings on Wall Street that Citigroup (NYSE:C) may have pushed Vikram Pandit out of its C-Suite last week in part to make room for one of the biggest names of all: Tim Geithner.Geithner, who is as politically-connected as it gets, would instantly add credibility and his deep international and regulatory experience to Citi's front office, which has a history of luring big-name individuals from the public sector.It would also be a way for Geithner, who has no private-sector experience, to score a big payday after years as a public servant at the New York Federal Reserve and more recently at the Treasury Department."If he was the chairman of Citigroup, he would be a dynamic person who would enhance the bank's stature," said Dick Bove, an influential analyst at Rochdale Securities who covers Citi and floated the Geithner talk last week.On the other hand, it's not clear if Geithner, 51, would even want the job so soon after leaving the government and his lack of experience worki...
FBN’s Bull and Bears panel debate which direction the president's new economic team will take the administration.
FOX Business: The Power to ProsperWall Street ended in a stalemate on Thursday as the Nasdaq Composite advanced for the seventh day in a row, but uncertainty over wh...
Financial giant Citigroup (NYSE:C), which received the largest bailout among US banks during the credit crisis, announced Thursday the hiring of former White House b...
CHARLOTTE, North Carolina (Reuters) - Citigroup Inc <C.N> said Carlos Gutierrez, former Commerce Secretary under President George W. Bush , will join the bank as vic...
Watson Pharmaceuticals CEO Paul Bisaro breaks down how Americans can save billions by using generic drugs.
Former Clinton Advisor Doug Schoen on Sen. Chuck Schumer, (D-NY), and Vice President Biden suggesting a willingness to compromise on taxes.
FBN's Connell McShane on the dispute over fees between Cablevision and FOX Business Network parent-company News Corp.
FBN's Connell McShane on the number of banks closed this year rising to 132.
By Caren BohanWASHINGTON (Reuters) - The exit of top aide RahmEmanuel and other staff changes give President Barack Obama achance to signal a fresh start as he tries...
FBN's Charlie Gasparino and AMA Enterprises CEO Amilya Antonetti discuss who will help lead administration.
White House Economic Advisor Paul Volcker on the administration's proposed tax hikes and the future of the mortgage market.
Herb Allison, the former investment banker who was the Treasury Department's overseer for the bank bailout fund, told staff on Wednesday he was stepping down as the ...
“Health of a Nation” host Dr. Mitchell Brooks on Romney’s comments on what parts of the health-care law he would keep if elected President.
President Barack Obama on Tuesday tapped White House insider Jeffrey Zients to be the acting director of the Office of Management and Budget , replacing Jack Lew who...
(Corrected to indicate that John Breaux is a former board member of the MFA, not a current member as was originally reported.)Bill Clinton. Al Gore. Tom Daschle . We...
FBN’s Gerri Willis on the rising partisan politics and gridlock facing our federal government.
Sen. Roy Blunt, (R-Mo.), argues the administration’s policies are working.
FNC Digital Politics Editor Chris Stirewalt on Obama’s need to gather a new economic team to help advise him.
NEW YORK (Reuters) - Citigroup Inc <C.N> has hired Samuel Di Piazza, Jr, the former chief executive of PricewaterhouseCoopers <PWC.UL>, to help its faltering investm...
