(Reuters) – Chief executive officers of some of America’s largest banks, including JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, on Wednesday testified before Congress, where they were grilled on a wide range topics.
The discussions ranged from banks’ ability to safeguard the financial system, their role in financing gun-makers, to diversity and compensation.
Citigroup - CEO - Michael - Corbat - Questions
Citigroup CEO Michael Corbat faced tough questions from Representative Nydia Velazquez, a New York Democrat, on the discrepancy between his pay and the average worker’s salary.
“Citi has the dubious distinction of having the largest discrepancy between CEO...
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