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Citigroup says Parsons to step down as chairman

Last Updated: Saturday, March 3, 2012, 10:14

Richard Parsons, who was named chairman of Citigroup in 2009 just after the bank accepted USD 45 billion in federal bailouts, will step down from the position, the bank said Friday.

Citi chairman Parsons considers stepping down: WSJ

Last Updated: Monday, January 30, 2012, 10:21

Parsons was named chairman of the bank in 2009 when the bank was reeling from the financial crisis.