Michael L Corbat

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New Citigroup chief Corbat to take home $1.5mn base pay

Michael Corbat, the new chief and successor of Vikram Pandit at Citigroup, will take a home an annual base salary of $1.5 million besides regular incentives and other benefits. However, Corbat's......

Why Vikram Pandit was forced to quit Citigroup

On Tuesday, Vikram Pandit, 55, now former CEO of banking behemoth Citigroup who had steered the bank out of a financial catastrophe, found himself out of job. According to some news......

Vikram Pandit steps down as Citigroup CEO

Citigroup on Tuesday announced that Vikram Pandit has stepped down as the company's chief executive officer and as a member of the Board, with immediate effect. Pandit will be replaced by Michael......

WEF creates task force with Rajan to study global financial system

The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion. The World Economic Forum (WEF) has......

BlackRock to host global investors meet in India next year

World's largest asset manager Blackrock will host a global investors meet in India next year, CEO Laurence Flik conveyed to Prime Minister Narendra Modi. With total asset under management of over......

Rediff News

Michael L Corbat

News for Michael L Corbat

New Citigroup chief Corbat to take home $1.5mn base pay

Why Vikram Pandit was forced to quit Citigroup

Vikram Pandit steps down as Citigroup CEO

WEF creates task force with Rajan to study global financial system

BlackRock to host global investors meet in India next year

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