WASHINGTON - Citigroup chief Charles Prince resigned at a board meeting Sunday, paying personally for the world`s top banking group`s poor performance in the subprime mortgage crisis, The Wall Street Journal reported.
Board member Robert Rubin, the influential chairman of the company`s executive committee, will be named Citigroup chairman, while Sir Win Bischoff, chairman of Citi Europe, will become interim CEO, said the economic daily.
fgf/mdl
11/04/2007 23:22 GMT