Michael Corbat


Last quote by Michael Corbat

Anytime I hear this term '21st-Century Glass-Steagall,' I ask what it is. And I have yet to have anybody really tell me what's there. Just the tone from the top is an important message and signal. And I think we've seen very clearly that the president and the administration is very pro-growth, pro-jobs.feedback
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Apr 21 2017 Twitter
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: “I have yet to have anybody really explain to me what value there is in terms of either a reinstatement of Glass-Steagall, which is in itself strange, or what '21st century Glass-Steagall' is. We continue to ask about it but not necessarily be that focused on it.” in the article Wall Street CEOs downplay risk of new bank breakup law. An other article where Michael Corbat has been quoted is Citi profit beats estimates as fixed-income trading jumps.
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Michael Corbat quotes

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.feedback

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.feedback

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.feedback

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