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Behind Citigroup departures: A culture shift by CEO Prince

Article Abstract:

Citigroup Inc. of the United States is seeing a management shake out with Chief Executive Officer Charles O. Prince. Mr. Prince has taken a longterm perspective concentrating on internal controls, improving the banking giant's reputation and keeping on top of regulatory relations. Citigroup Inc. is planning some divestments of life-insurance and asset-management units.

Author: Langley, Monica
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Management dynamics, Management, Company Profile, Company business management, Prince, Charles O., Magner, Marjorie, Willumstad, Robert

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Citigroup ousts three top officials CEO: Prince orders move amid fallout from scandal at Japan private-bank arm

Article Abstract:

Citigroup Inc. CEO Charles Prince announced the firing of Vice Chairman Deryck Maughan and two other company officers. The dismissals were a result of the recent scandal in Japan involving the company.

Author: Pacelle, Mitchell
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
Japan, Maughan, Deryck C.

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Subjects list: United States, Officials and employees, Financial services industry, Financial services, Appointments, resignations and dismissals, Citigroup Inc., C
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