Last quote by Michael Corbat
If you go back to our history 205 years and since then, through wars, through trade wars, through depressions, through recessions, we've supported U.S. companies all over the world and in this, we will continue to do that. I think a lot of it depends on what form any type of tariffs may take on, and it's tough to tell.
Jan 26 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Michael Corbat is associated, including Consumer Bank and Group. Most recently, Michael Corbat has been quoted saying: “We had a strong finish to 2016, bringing momentum into this year. We drove revenue growth in our businesses and demonstrated strong expense discipline across the firm.” in the article Citigroup earnings outstrip Wall Street's forecasts, but revenue is light. An other article where Michael Corbat has been quoted is Equities trading stings Wall Street banks as investors embrace bonds.
Quotes by Michael Corbat
Jan 18 2017
We had a strong finish to 2016, bringing momentum into this year. We drove revenue growth in our businesses and demonstrated strong expense discipline across the firm.
Oct 18 2016
In this type of environment, it just takes a little bit of time.
Oct 14 2016
In the quarter, both our Global Consumer Bank and Institutional Clients Group had solid year-over-year revenue increases in nearly every business line and geography. We also continued to grow core loans and deposits while reducing non-core assets to just 3% of our balance sheet.
Sep 16 2016
It's accretive to our shareholders, the returns are solid. So right now I really don't see it's an area where we would contemplate selling.
Aug 12 2016
Today with millennials, if you're not educating, challenging and stimulating them, they're up and gone.
Apr 15 2016
While our market-sensitive products clearly suffered from weak investor sentiment during the quarter, we continued to make progress in several key areas.
Jan 21 2016
We're in a new paradigm right now where growth is probably going to be lower longer, and we've got economies, including the U.S. economy, that need to adjust to that.
Jan 21 2016
We view what's going on really as more a repricing than any big fundamental shift. The combination of China, oil and probably a different outlook of Fed stance or policy from probably just a month ago have people questioning portfolio mix, asset selection, and we think the market's adjusting to that.
Jan 15 2016
Overall, we had strong performance during 2015. The $17.1 billion we generated in net income was the highest since 2006, when our company was very different in terms of headcount, footprint, mix of businesses and assets.
Dec 05 2012
We have identified areas and products where our scale does not provide for meaningful returns. We will further increase our operating efficiency by reducing excess capacity and expenses.
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