The Washington Times

Richard Parsons

Latest Richard Parsons Items
  • ** FILE ** In a Monday, June 18, 2012, file photo, Citigroup CEO Vikram Pandit prepares for a television interview on the floor of the New York Stock Exchange, after he rang the opening bell. (AP Photo/Richard Drew, File)

    After Pandit, a smaller Citi could get smaller yet

    The incredible shrinking bank may have to shrink more. In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank.


  • Smithsonian hosts 'The Black List' portraits in DC

    Whoopi Goldberg, John Legend, Sean Combs and Serena Williams now have a place in the National Portrait Gallery in a show opening Friday, along with other leading black figures who may be lesser known.


  • ** FILE ** The Citigroup Center in New York is pictured in 2007. (AP Photo/Mark Lennihan, File)

    Citigroup gives pay hikes to top execs in stock

    Citigroup, still partly owned by the government after a rescue during the financial meltdown, is giving raises to top executives that could amount to millions of dollars.


  • **FILE** Top White House economic adviser Lawrence H. Summers (Getty Images)

    Summers resigns as adviser on economy

    Top White House economic adviser Lawrence H. Summers will step down at the end of this year, the administration said Tuesday, marking the departure of yet another key player on President Obama's financial team, which has struggled to right the U.S. economy.


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