Skip to content
Subscriber Only

Pandit Pariah No More as U.S. Bankers in Ascendance at Davos

Updated on

Citigroup Inc.’s Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past decade, is ready for a starring role at Davos.

Pandit, 55, is one of six co-chairs of the World Economic Forum’s annual meeting in the Swiss ski resort this week, the first from a U.S. bank since JPMorgan Chase & Co.’s Jamie Dimon in 2008. Pandit leads a delegation that includes top officials of five of the six biggest banks, including Dimon and Bank of America Corp. Chief Executive Officer Brian T. Moynihan.