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Independent voices from the The Washington Times Communities
Topic - Westwood Capital Partners Llc
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
JPMorgan Chase said Friday that its traders may have tried to conceal the losses from a soured bet that has embarrassed the bank and cost it almost $6 billion — far more than its CEO first suggested.
Stocks are closing lower after political instability in Greece sent U.S. and European markets reeling.