Citibank can be rescued only if it stops chasing quarterly targets, brings back the old values of commercial banking (including in the area of risk management), stops cutting corners in the mistaken belief that no one will find out; and even if they do, cannot catch them. Wishing the new CEO all the best.
RE:Rescuing Citibank
by Gautam Sinha on Dec 14, 2007 12:06 PM Permalink
Agreed. And they should do something about their backend services particularly for the credit card and also for the rules. It is probably the only bank that says that bank account co owners must reside at the same address!!
RE:Rescuing Citibank
by Dare on Dec 14, 2007 04:47 PM Permalink
OK R. Bose, I will let VP know that..He is looking for some help now that Rob Rubin has resigned...Everyone has ideas these days...
