I mean, we know that’s what Citi investors think, but…
Sure, things were bad enough for Corbat to essentially get fired, but not bad enough to keep him from an eight-figure payday.
You don’t think a bank doing well would hand the reins to someone so conspicuously lacking in a penis if it were doing well, do you?
Citigroup, on the other hand, is still feeling under the weather.
JPMorgan sees Citi’s 31% trading boost and 12% RoE and raises it 55% and 15%.
The Citi chief has scratched and clawed his way to the top from the depths, and he’s not gonna let anyone—least of all bankers—drag him back down.
After six long years, the Citi chief is finally a $20 million man.
It's the least he can do, what with all these fixed-income trading billions.
Citigroup is decidedly not going to be triggered by Trump.
Citi is, like, a...bank.
The bank has reportedly been having some awkward conversations today.
Apparently everyone gets paid at Citi but Vikram.
Part II of the Fed's stress tests results are out and the good news is that 28 banks passed and Mike Corbat can unpack his things. The less good news is that Brian Moynihan's silent prayer to get lucky just once, just to see what it feels like, was not granted.