Tag Archives: Jack Welch
Another top executive is leaving Citigroup. Last month, the giant New York-based bank lost its president, Bob Willumstad. Now Marge Magner, the Citi’s head of consumer banking, is bowing out. Predictably, the Wall Street whisper circuit is crackling — or is it cackling?
It looks as if the regulatory squabbles at American International Group (NYSE: AIG) are about to claim a big victim. Today’s Wall Street Journal says that AIG’s board met over the weekend to hammer out a retirement deal for 79-year-old Chairman Maurice R. “Hank” Greenberg.