By: Benzinga
Citigroup's CEO Corbat: Morale is Good; Environment to Remain Challenging
Citigroup (NYSE: C ) CEO Michael Corbat discussed compensation, growth and underperforming assets with Bloomberg TV's Erik Schatzker at the World Economic Forum in Davos. Corbat said that he expects the environment for investment banking will remain "challenging" and weigh on compensation. Corbat said: "People recognize the times we
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