Vikram Pandit, Citigroup's chief executive, will today strive to convince investors the company is on the road to recovery amid fresh questions over his future at the troubled financial giant.
Ahead of Citi's annual investor meeting, it has emerged that senior officials at the Federal Deposit Insurance Corporation privately discussed who might replace Mr Pandit if the bank needs more government aid.
“It is unthinkable that Vikram could stay on if Citi requires more federal funds,” said a person familiar with the matter. “It is prudent to be thinking about different scenarios.”
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