A headache is growing for Citigroup as a banking affiliate involved in money transfers across the Mexican border has become ensnared in a criminal investigation.
Citigroup appears to have evidence of wrongdoing at the bank.
Michael Corbat earned $14.1m in 2013, up from $11.5m in 2012. What was so puzzling was that it seemed that he'd done so little to deserve it.
Citigroup boosted CEO Michael Corbat’s compensation 25% to about $14.4m for 2013, his first full year running the company.
In an interview to appear on FOX Business Network’s Countdown to the Closing Bell, Citigroup CEO Michael Corbat spoke with anchor Liz Claman about the company’s recovery.
Citigroup CEO Michael Corbat on the future of the bank, economy, impact of Fed policy and Bitcoin.
Citigroup, the bank that cut unwanted assets 25% last year, should no longer be expected to offer clients unlimited financial services, CEO Michael Corbat said.
A low profile is probably a good thing.
He’s Mike the Mechanic.
Moore Capital Management and Appaloosa Management are among hedge fund firms that counted Citigroup Inc. among their top holdings before the bank posted a 16% rally in a month and a half.