Citigroup’s Corbat to Hold Call Today After Replacing Pandit

Citigroup Inc., the third-largest U.S. bank, said Chief Executive Officer Michael Corbat will host a teleconference with analysts today after he was named to replace Vikram Pandit as leader of the company.

Chairman Michael O’Neill will also participate in the event, which is scheduled for 4:30 p.m. in New York, the lender said today in a statement.

To contact the reporter on this story: Susanna Pak in New York at Spak10@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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