Michael Corbat

Citigroup's Corbat says income inequality keeps him up at night

04/24/19

Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.

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What’s Jamie Dimon’s salary got to do with income inequality?

04/21/19

At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.

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Guns, CECL and 'too big to manage': Big-bank CEOs on Hill

04/10/19

A House Financial Services Committee hearing featuring seven large-bank CEOs tackled a host of contentious subjects, as Republicans and Democrats sparred over whether such institutions are simply too big.

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Which bank CEOs received the biggest raises in 2018?

03/17/19

Jamie Dimon remains the highest-paid chief executive, but his 5% pay raise was smaller than that of at least five of his counterparts. Here's what CEOs of 13 large and regional banks earned last year, based on recent proxy filings.

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Citi's Corbat not counting out struggling European rivals

01/22/19

"I don't and I never would discount the European banks," Citigroup Chief Executive Officer Michael Corbat said in an interview at the World Economic Forum in Davos. "Don't overestimate the U.S. banks' position, and don't underestimate the European banks' position."

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Citigroup's big challenge for 2019

01/14/19

CEO Michael Corbat will need to lean heavily on credit cards and other consumer business lines, and keep driving down costs, to offset weaknesses in capital markets.

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10 to watch in 2019

01/07/19

CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.

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'There is likely to be some pain': Citi’s Corbat on nonbank lending

11/14/18

Citigroup CEO Michael Corbat added to the chorus of bankers offering warnings about credit risks that loom outside of the banking industry.

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Citi faces revenue hit if Mexico eliminates ATM fees

11/09/18

Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country.

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Why Citi is still keeping the CEO and chairman roles separate

11/05/18

The decision by Citigroup’s board to name an independent director as its next chairman — and not elevate CEO Michael Corbat to the post — is seen as good governance, but it’s also a sign that the company’s recovery from the financial crisis remains a work in progress.

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