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Sibos 2020: Citi’s CEO urges banks to ensure social justice


In an inequality world, banks should think of equity in terms of social justice, not just in terms of their balance sheets.

This goes from the point of view of Michael Corbat, CEO of Citi, whose speech concluded this year’s conference of the digital finance industry of Sibos.

“We have a greater obligation to deliver fairness”

“We bankers focus on return on equity as a number that measures financial performance, but for society today, equity doesn’t appear on a …



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