Citigroup Inc. shareholders withheld more than a quarter of their votes for two board members, John Deutch and Michael Armstrong, after some investor groups blamed them for oversight failures that led to a $28 billion loss last year.

Deutch, who chairs the committee that monitors accounting and risk management, received 72% of shareholder votes in his favor at Citi's annual meeting last month, the New York company said Monday in a regulatory filing. Armstrong, Deutch's predecessor on the audit committee, got 70%. Richard Parsons, Citi's chairman, got 86%, and Vikram Pandit, its chief executive, won 91%.

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