Lloyds Group CEO to retire

LONDON, Sept. 20 (UPI) -- British banking group Lloyds said Monday Chief Executive Officer Eric Daniels would retire after seven years as CEO.

Citigroup cuts executive bonuses

NEW YORK, Jan. 2 (UPI) -- Citigroup Inc. said it sharply trimmed its executive bonuses for 2008 in keeping with agreements made when it accepted $45 billion from the U.S. government.

Citigroup to eliminate 52,000 more jobs

NEW YORK, Nov. 17 (UPI) -- Citigroup Inc., the second largest U.S. bank said Monday it would slash its payroll by about 52,000 jobs, cutting its workforce down to 300,000.

Citigroup names Vikram Pandit as CEO

NEW YORK, Dec. 11 (UPI) -- U.S. financial-services giant Citigroup Inc., one of the credit-market turmoil's biggest casualties, named Vikram Pandit as chief executive officer Tuesday.

Abu Dhabi to invest $7.5B in Citigroup

NEW YORK, Nov. 27 (UPI) -- Citigroup, trying to bolster investor confidence, said it will receive a $7.5 billion infusion of capital from the investment arm of the Abu Dhabi government.

Citi taps ex-Treasury secretary as chair

NEW YORK, Nov. 5 (UPI) -- A former U.S. Treasury secretary will take over as chairman of troubled Citigroup, which announced massive write-downs and the departure of its chief executive.

Sir Winfried Franz Wilhen "Win" Bischoff is the former chairman of Citigroup and previously served as the interim CEO for Citigroup after Chuck Prince announced his retirement on November 4th, 2007 He was succeeded as CEO by Vikram Pandit on December 11th, 2007. Bischoff stepped down as chairman on 23 February 2009 and was replaced by Richard Parsons. He has joint British and German citizenship.He will not stand for reelection to the board of Citigroup.

Bischoff was knighted in 2000.

He was born in Aachen, Germany in 1941 and had an early education in Cologne and Düsseldorf. In 1955 he moved to Johannesburg where he received a Bachelor of Commerce degree at the University of the Witwatersrand in 1961.

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It uses material from the Wikipedia article "Win Bischoff."
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