Pandit faces fresh doubts at Citi

Vikram Pandit, Citigroup’s chief executive, will on Tuesday try to convince investors at the group’s annual meeting that Citi is on the road to recovery, even as it emerged that officials at the Federal Deposit Insurance Corporation have privately discussed replacing Pandit if Citi needed more government aid. The FDIC is just one of various regulators to have a say on Pandit’s future if Citi requires a fourth bailout after the completion of “stress testing” of its health.