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Ex-Citi CEO to set up consulting business

Vikram Pandit

Less than two years after he was ousted as CEO of Citigroup Vikram Pandit is collaborating with the co-author of the popular 'Freakonomics' book series to launch a new consulting business aimed at helping companies improve their cultures and use of technology.



Bernie Madoff

Better news for Madoff victims

Bernard Madoff’s victims will have a bit more to spend on holiday gifts this year as the trustee unwinding his fraud begins sending out a total of $1.2bn in recovered funds, with checks averaging $1.1m each.

Australia Flag

Goldman in institutional equities alliance

Commonwealth Bank of Australia will start to 'wind down' its proprietary institutional equities team from December 16 and the lender has entered an alliance with Goldman Sachs to offer clients access to global equity markets.