At its annual meeting Tuesday, April 17, 2012, 55 percent of the bank's shareholders voted against the pay packages that have been granted to Citigroup's top executives,
including Pandit's $ 15 million for last year and $ 10 million retention pay.
Not exact matches
Dataminr is the biggest player in a nascent industry — call it alternative big data for big finance — that has exploded in the past six months: In March it raised $ 130 million from Fidelity as well as other investors,
including former Citigroup (C) CEO Vikram
Pandit, valuing the company at $ 700 million.
While the funding round was led by DFJ ventures (Draper Fisher Jurveston) it also
included the NYSE (New York Stock Exchange), USAA (United Services Automobile Association) a US bank available only to current and former service members and their families, BBVA a large multinational bank, and former Citigroup CEO Vikram
Pandit.
The banks» chief risk officers, and in the case of Citigroup, Chief Executive Vikram
Pandit, received letters in May 2010 instructing them on what to
include in the recovery plans.
Online lender Kabbage is buying analytics firm Orchard, whose investors
include Wall Street chiefs Vikram
Pandit and John Mack.
Other investors
including Andreessen Horowitz, DoCoMo and USAA, as well as former Citigroup CEO Vikram
Pandit and former Thomson Reuters CEO Tom Glocer have yet to comment on the news.
In return, Palo Alto, California - based Point — which is backed by investors
including Greylock Partners, Andreessen Horowitz and Vikram
Pandit, the former chief executive officer of Citigroup Inc. — wanted to own a piece of her property.