Charles Prince
Charles Prince
Charles Owen "Chuck" Prince IIIis an American former chairman and chief executive of Citigroup. He succeeded Sandy Weill as the chief executive of the firm in 2003, and as the Chairman of the Board in 2006. On November 4, 2007 he retired from both his chairman and chief executive duties due to unexpectedly poor 3rd quarter performance, mainly due to CDO and MBS related losses, while still receiving a $38m pay package...
ProfessionEntrepreneur
Date of Birth13 January 1950
bullish growth prospects
We are very bullish on our growth prospects in India,
america growth north revenue softer
We've had softer revenue growth in North America than we want. This is something that I think we can do better.
america expect growth north revenue softer
We've had softer revenue growth in North America than we want, ... I expect we're going to do a better job.
effort expertise gives growth leg team
More of our growth over the 5 to 10 years will come internationally than nationally. Having their expertise as part of the team effort really gives us a leg up.
cause examples happen history hurts legacy simply strong taking
When things happen that cause (our) legacy and history to be tarnished a little bit, it hurts all of us. It hurts me personally, ... Examples like that are simply not acceptable, and we're taking very strong action.
business continued financial generate strength strong underlying
The strength of our business franchises continued to generate strong underlying financial results.
across banking consumer continued corporate customer equity fixed generate grew growth including income increased investment record revenue robust services smith strong volume
Corporate and investment banking revenues increased 35%, including record revenues in transaction services and strong revenue growth across fixed income markets, equity markets, and investment banking, ... In Smith Barney, revenues grew 13%. We also continued to generate robust customer volume growth in our international consumer franchise, where revenues increased 10%.
changing culture hard improving people product terms work
This is the product of a lot of hard work by a lot of people over a year, in terms of changing and improving and strengthening the culture of the place.
company daily doubt extra rise true
In this new world in which we all live, as we go about our daily lives, we need to be extra vigilant, ... That's true for the company and true for each of us as individuals. I have no doubt we'll rise to the occasion.
consumer expect financial pleased quick results turn
I'm very, very pleased with our accomplishments and our financial performance. While I don't expect a quick turn in the U.S. consumer business, I do expect better results in the future.
domestic expected few grow next
International GDP (Gross Domestic Product) is expected to grow substantially more than U.S. GDP over the next few years.
late liked
I don't think we are late to the party. I would already have liked to do it.
copy directing
If I'm directing something that is off a movie, I won't see the movie because I don't want to copy it,
across activity banking benefits businesses client consumer corporate generate globally growth helped included investment offset pleased quarter record results seeing strength strong weaker
I am very pleased with our first quarter accomplishments, which included strong growth in client activity across many franchises. We are seeing the benefits from our investment spending, which helped generate record revenues in our international businesses and record revenues globally in our corporate and investment banking business. Strength in these franchises more than offset weaker results in our U.S. consumer business.