As the first anniversary fast approaches of Michael Corbat taking over as chief executive of Citi from the ousted Vikram Pandit, Euromoney sits down with this 30-year veteran of America’s most international bank and Jamie Forese, co-president of Citi and head of its institutional client group (the securities and investment banking division), for an update on their latest plans for continued restructuring.
Both men are at pains to say that their predecessors, Pandit and his old partner and colleague John Havens, who came in to run Citi’s securities and banking businesses at the end of 2007 and quit with him in October 2012, have set the bank on the right strategic course.
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