Topic - Michael Corbat

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In this undated photo provided by Citigroup, head of Citi’s global consumer banking division Jane Fraser poses for a portrait. Citigroup announced Thursday, Sept. 10, 2020, that Fraser would succeed Michael Corbat as the bank’s next chief executive, making Fraser the first woman to ever lead a Wall Street bank. (Julian Restrepo/Citigroup via AP)

Jane Fraser to become Citi CEO; 1st woman to lead major bank

By Ken Sweet - Associated Press

Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi’s workforce of 262,000. The bulk of the cuts will come from the consumer banking unit. (Associated Press)

Citigroup plans to cut 11,000 jobs

By Christina Rexrode - Associated Press

** FILE ** In a Monday, June 18, 2012, file photo, Citigroup CEO Vikram Pandit prepares for a television interview on the floor of the New York Stock Exchange, after he rang the opening bell. (AP Photo/Richard Drew, File)

After Pandit, a smaller Citi could get smaller yet

By Bernard Condon - Associated Press

** FILE ** In a Monday, June 18, 2012, file photo, Citigroup CEO Vikram Pandit prepares for a television interview on the floor of the New York Stock Exchange, after he rang the opening bell. (AP Photo/Richard Drew, File)

Vikram Pandit steps down as Citigroup CEO

By Daniel Wagner - Associated Press