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Citigroup CEO Vikram Pandit abruptly resigns

Vikram Pandit (AFP)

Vikram Pandit has abruptly quit as chief executive of Citigroup. The US investment bank said on Tuesday Pandit had stepped down as chief executive and left the company’s board with “immediate effect”. Citi said Pandit will be replaced by Mike Corbat, the bank’s current head of Europe, the Middle East and Africa. Pandit said…

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