Some Wall Street analysts believe Reed, 52, could be ousted as early as this week at the company’s board meeting. “His job’s definitely on the line,” says a leading analyst. “He’s turned that bank…to a shadow of its [former] self.” But there’s no strong heir apparent, and others predict Reed will hang on. At a two-hour meeting with Citi bankers last week, reported by American Banker, Reed said he was confident of board support. Alluding to his personal life, Reed said nothing is impeding his ability to manage the bank.
