This photo provided by Citigroup shows Michael Corbat, the new Chief Executive Officer of Citigroup. After Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, Oct. 16. 2012, Corbat ... more 
This photo provided by Citigroup shows Michael Corbat, the new Chief Executive Officer of Citigroup. After Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, Oct. 16. 2012, Corbat became Pandit's replacement. Corbat has held a wide variety of roles in his nearly 30 years at Citi and its businesses, including commercial banking and wealth management. (AP Photo/Citigroup less 
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Associated Press
Tue, Oct 16, 2012 2:42 PM EDT