Citigroup Cut CEO's Pay by 6% Last Year

Citigroup Cut CEO's Pay by 6% Last Year

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the financial performance and compensation of bank executives, focusing on Brian Moynihan's significant raise due to his successful year at Bank of America, and Mike Corbitt's pay cut at Citigroup due to decreased profits and shareholder dissatisfaction. It also explores the potential benefits of deregulation for banks, particularly under Trump's administration, and how Bank of America benefits from interest rate changes due to its loan and deposit structure.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What proposals are being discussed to roll back bank regulations, and who is advocating for them?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has Bank of America benefited from interest rate changes?

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