Citigroup Loses Out on Record Debt Fees as Pandit Fortifies

Citigroup Loses Out on Record Debt Fees as Pandit Fortifies

Daniel Acker/Bloomberg

A Citi logo appears on a sign above a Citibank branch in the ground floor of Citigroup Inc. headquarters in New York, U.S. The bank has dropped to fifth in U.S. speculative-grade debt, after ranking second in all but two of eight years before 2007.