FDIC pushing shake-up at Citi

The FDIC is reportedly urging a major shift in Citigroup’s executive lineup, including moving CEO Pandit to get more commercial-banking experience at the top of the bailed-out former investment firm.  Citi’s other regulators (the Fed and OCC) may not agree.  School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, can offer context to the regulatory dilemma.

Contact Cornelius Hurley, 617-353-5427, ckhurley@bu.edu

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