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Citigroup (C) CEO Michael Corbat announces his management team, including the appointment of...

Citigroup (C) CEO Michael Corbat announces his management team, including the appointment of Jamie Forese and Manuel Medina-More as Co-Presidents. In a memo, Corbat tells employees "we developed a budget which contained difficult but necessary choices." The bank today submits its capital plan - likely to include a request for buybacks - to the Fed.
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