MICHAEL CORBAT: Well, I would say, so far, we've come through it, I think, in a very strong fashion. And I think, throughout 2020, we've continued to demonstrate the significant earnings power of our ...
What happened?Citigroup is reaching a bit deeper into its vault this year to compensate its CEO Michael Corbat for his performance in 2015. In a filing with the Securities and Exchange Commission, the ...
EDUCATION: Harvard University. Bachelor's in economics, 1983. All-American in football. CAREER: Corbat held several roles at Salomon Brothers, a company that eventually combined with Citi. At Citi, he ...
Citgroup paid its new CEO Michael Corbat $11.5 million in 2012, including one of the few cash bonuses doled out to established Wall Street CEOs last year. The pay package, disclosed in a regulatory ...
It's a stark reversal of fortune for the bank's credit-card business, which struggled in 2018 and missed growth targets.
Citigroup boss Michael Corbat just got a huge raise. Corbat scored $23 million in total pay last year, the bank said on Friday. That’s a cool 48% above what he made in 2016. The pay hike underlines ...
An analyst asked Citigroup CEO Michael Corbat about concerns over trade and tariffs, given Citigroup's large presence in emerging market countries. Mr. Corbat said that in those markets, Citigroup ...
Citigroup made history by appointing Jane Fraser as its next C.E.O., making her the first woman to lead a major Wall Street bank. Who will be the second? The chiefs of seven huge American banks ...
Citi CEO Michael Corbat discusses further action the Federal Reserve could take to boost the economy, including why negative interest rates are not an effective option. MICHAEL CORBAT: I would argue, ...
The top finance stories for September 15, including the news on Citi's executive shakeup and Chime's plans to raise a new round.
The chiefs of seven huge American banks testified on Capitol Hill yesterday, and talked regulation, Russia, recession and more. The banking and financial services giant is the first on Wall Street to ...
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