Ex-Bank CEOs Pandit, Diamond Plan Alts. Firms

Feb 12 2013 | 2:58pm ET

Their unceremonious ousters still fresh in their minds, the former CEOs of two top banks are looking to the alternative investments industry to make their comeback.

Former Citigroup CEO Vikram Pandit and former Barclays CEO Robert Diamond are mulling launching their own firms. Pandit, who founded and briefly ran a hedge fund before joining Citi in 2007, may start a private equity firm, while Diamond might launch a hedge fund.


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