Michael Corbat

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US president Donald Trump: Had more than $300 million in outstanding loans from Deutsche Bank by the time he took office, making the German bank the president’s biggest creditor.  Photograph: Olivier Douliery/EPA

US congressional investigators have intensified their pursuit of President Donald Trump’s personal and business financial records by issuing a subpoen(...)

Citi’s London office in Canary Wharf. Photograph: iStock

Citigroup is in talks to buy its London skyscraper office for about £1.2 billion (€1.37 billion), as the US bank commits its long-term future to the U(...)

 A pro EU demonstrator outside the British House of Parliament  yesterday.  Keeping alive the prospect of a chaotic Brexit has been a key strategy of Theresa May’s. Photograph: Niklas Hallen/EPA

Anyone who’s got a dose of the Brexit jitters should take a chill pill. Well, that’s according to the chief executive of one of the world’s largest ba(...)

Cecilia Ronan: “I told them that I may not necessarily be here until 8 o’clock at night, because I wanted to go home, do the feed and the bath, but I said that what I would do would be of really high quality.” Photograph: Nick Bradshaw

Heading towards the lift to her office in the Scott Tallon Walker-designed Citigroup building that fronts on to the Liffey in Dublin, a painting that’(...)

The bank produced a net loss of $6.7 billion in 2017, but this was triggered by a charge related to a cut in US corporate taxes. Photograph: PA Wire

Citigroup has handed its chief executive Michael Corbat a 48 per cent rise in his pay package to $23 million (€18.5 million) for 2017, a year in which(...)

Cold comfort: cars and vans are mired in heavy traffic ahead of the World Economic Forum in Davos, Switzerland. Photograph: Jason Alden/Bloomberg

In numbers: All the money €32 million Write-off charge recorded by Netflix for “unreleased content we’ve decided not to move forward with” – two epi(...)

Michael Corbat, chief executive of Citigroup: “If the turn comes, and it will come” on financial markets, the risk is that it “will be more violent”

Investors’ moves to shrug off the US government shutdown over the weekend represented another “concerning” sign of ambivalence among investors about r(...)

 Citigroup headquarters in New York.  The bank   suffered a net loss for  fourth quarter 2017 of $18.3bn. Photograph:    EPA/Justin Lane

Citigroup has swung to its first annual loss since 2009 after Republican tax reforms forced the US bank to take a $22 billion (€18bn) accounting hit, (...)

Goldman Sachs chief executive Lloyd Blankfein signed off after a couple of one-liners. Photograph: Reuters

Three top US bank chiefs have been duped by an email prankster, highlighting the risk of inadvertent leaks of sensitive information through the most b(...)

Citigroup is “European-based in Ireland”, its chief executive, Michael Corbat, told analysts. Photograph: Alan Betson

Citigroup chief executive Michael Corbat has highlighted the group’s European base in Dublin as it continues to weigh options for what he expects wil(...)

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