Citigroup Chief Ends His Candidacy for NYSE Job
Sanford I. Weill, chief executive of brokerage firm Citigroup Inc., asked that his name be withdrawn from a list of nominees for director of the New York Stock Exchange, the chief executive of the exchange said.
New York Atty. Gen. Eliot Spitzer recently said the firm’s involvement in a conflicts-of-interest investigation of Wall Street brokerages made Weill an inappropriate representative for the investing public. After hearing of Spitzer’s comments, Weill asked that his name be removed, an exchange official said.