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China Daily | Updated: 2009-04-23 07:46

Citigroup 'will repay'

Citigroup Inc Chief Executive Vikram Pandit pledged to repay "every dollar" the third-largest US bank owes to the government, which has pumped $45 billion of capital into the bank.

The embattled CEO spoke at an annual meeting that stretched to roughly six hours, where he and lead director Richard Parsons fielded complaints from investors furious about the 94 percent plunge in their shares since the beginning of 2007.

IN BRIEF (Page 16)

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