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The article discusses the implications of the U.S. Federal Reserve's (Fed) rejection of the bank Citigroup's plans to use its capital to increase dividends and stock buybacks as of March 27, 2014. Topics addressed include concerns that the bank's global operations may be too large to adequately manage, as well as the reaction of Citigroup chief executive Michael Corbat.

The article reports that the board of directors of the French bank Societe Generale took no action on the offer to resign made by Chief Executive Officer Daniel Bouton, leaving him in his position. Anonymous sources indicated this decision may be a temporary one. Bouton is under pressure to resign due to the $7 billion in losses created though the fictitious stock trades of bank traded Jerome Kerviel.

The article focuses on the quarterly earnings report of Citigroup for the third quarter of 2007, which will be announced on October 15, 2007. Losses in the bank's investment banking unit due to losses in mortgage-backed securities have already prompted a shakeup of that department by Citigroup Chief Executive Officer Charles O. Prince. Analysts and investors also expect poor results from Citigroup's consumer financial services units, and wonder if the company will make more changes.

Reports that Sanford I. Weill will stay on as chairman of Citigroup until his scheduled retirement in 2006. Debate over his plans to leave Citigroup and start a private equity fund; Concerns over whether Weill's new venture will compete with Citigroup; Problems facing the Citigroup bank after being linked to various accounting scandals; Resignation of Citigroup president Robert B. Willumstad.

Examines how Charles O. Prince, chief executive of Citigroup, is trying to revamp the reputation of financial giant Citigroup. Prince's reaction to the closing of Citigroup's private banking unit in Japan; Strategy of Prince, including a global tour of the bank's biggest locations in a campaign to change the company's culture; Comments of Prince; Question of how effectively a chief executive can change the culture of a company as large as Citigroup; Comparison of Prince with Sanford I. Weill, who remains Citigroup chairman; Management challenges; Overview of the company; Outlook.

Focuses on James L. Dimon, chief executive at Bank One. Implications of the merger of J.P. Morgan Chase and Bank One, which will create the second-largest bank in the U.S.; Biographical and career details; Comparison of Dimon with William B. Harrison, chief executive of J.P. Morgan; Dimon's eventual role as chief executive of the merged companies; Dimon's operational expertise as an executive under Sanford I. Weill, chairman of Citigroup; Outlook for the new banking giant.

Reports the October 20, 1998 announcement by David Coulter, president of the newly merged BankAmerica Corp., of his resignation. The company's announcement of losses because of a loan to a hedge fund and disappointing third-quarter earnings; Comments from industry analysts about a rift between Coulter, who came from the old BankAmerica before the merger with Nationsbank, and chief executive Hugh L. McColl.

Focuses on the management of Lazard Freres & Company. Development of a structure that includes committees and governance that they have not previously used; Impact of the departure of Gerald Rosenfeld; Comments from Michel David-Weill.

Reports that the Chase Manhattan Corporation announced a major management reorganization on December 16, 1997. Creation of a nine-member executive committee; Increased influence for Thomas G. Labrecque; Weakened role for William H. Harrison, Invitation of speculation about the next chief executive.