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MICHAEL CORBAT
Citi employee's typo leads to an $81 trillion transaction errorCitigroup accidentally credited $81 trillion to a customer's account instead of $280, later reversing the transaction. The error, detected ...- Citi's $900-mn Revlon 'blunder' may get more painfulThe cosmetic giant filed for Chapter 11 bankruptcy protection recently.
- Citi picks Jane Fraser as next CEO, first woman in that roleFraser is currently head of Citi's global consumer banking division, a major part of the bank that includes checking and savings accounts b...
- Citigroup Q2 results: Profit plunges 73% as lender sets aside $8 bn for loan provisionsThe largest US banks have so far stashed away more than $52 billion to prepare for possible losses this year as the economy heads into one ...
- Citigroup profit tumbles as loan defaults loomThe novel coronavirus outbreak has temporarily shuttered businesses around the globe, put millions out of work in the United States alone a...
- Citigroup CEO Michael Corbat meets PM Narendra ModiMelinda Gates, co-founder of the Bill and Melinda Gates Foundation also made a courtesy call on the Prime Minister, an official release sai...
- Suits & Sayings: Wackiest whispers and murmurs in corporate corridorsET’s bi-weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
- Citigroup CEO Michael Corbat says the bank will take a massive $3.5 billion hit in Q4Of that, $2.7 billion will be for probes and $800 million will be for restructuring as the bank closes franchises in some markets around th...
- PM Modi's US Visit: BlackRock to host global investors meet in India next yearWith total asset under management of over $4 trillion, US-based BlackRock has investments in over 100 countries and offices in 30 countries...
- IBM keen on participating in Smart Cities, Digital India projectsWith a global turnover of nearly $100 billion, IBM is a major player in India and employs a large workforce in the country.
- Prime Minister Narendra Modi gifts Indian tea to US CEOsThe signature gift box containing three famous tea of India - Darjling, Assam and Nilgiri - was presented by the PM after he hosted a break...
- PM Modi's US visit: Boeing keen on greater engagement with IndiaIn a one-on-one meeting with Modi, Boeing CEO James McNerney said that the company wants to accelerate its engagement with India.
- Citi India posts loan growth of 7.4 pc at $7.1 bn in Q3Citi India, part of global banking major Citigroup, recorded a loan growth 7.4 per cent at USD 7.1 billion for the third quarter ended Sept...
- Citigroup may add three new directors, chairman saysCitigroup Inc may name as many as three more directors to its 11-member board to add skills and share the work load, Chairman Michael O'Nei...
- World's biggest banks to unlock World's biggest banks to unlock $ nbsp;160 bn of tax creditsThe world's largest banks hope to cash in on more than US$160bn of tax credits in the coming years, as they look to offset their tax bills ...
- Vikram Pandit's successor Michael Corbat to take home $1.5 million base payMichael Corbat, the new chief & successor of Vikram Pandit at Citigroup, will take home an annual base salary of $ 1.5 mn besides regular i...
- Citigroup CEO Vikram Pandit gets replaced by Michael Corbat; shake-up of operations likelyCitigroup's CEO Vikram Pandit, who led the bank through a US bailout while reaping $261 mn for himself, was replaced by Michael Corbat, who...
- Citi ousted Vikram Pandit for poor execution?Citigroup Inc directors ousted CEO Vikram Pandit after concluding that he had mismanaged operations , leading to setbacks with regulators a...
- Vikram Pandit steps down as CEO of Citigroup, Michael Corbat to replace himMichael Corbat, previously chief executive for Europe, Middle East and Africa, was named to replace Pandit. The COO of the group has also r...
- All about Michael Corbat, Citigroup's new Chief Executive OfficerMichael L. Corbat the new Chief Executive Officer of Citigroup with approximately 200 million customer accounts and activities in more than...
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