Citigroup needs to continue to clean up its non-core "legacy assets" and focus on operating efficiency, its new CEO Michael Corbat told CNBC at the World Economic Forum in Davos.
The World Economic Forum's annual get-togethers in Davos have been widely criticized as a week-long party for the rich and powerful. But for some, the Forum is an important platform for discussing global issues and solutions.
U.K. Prime Minister David Cameron made the case for a free trade agreement between the United States and Europe in a speech at the World Economic Forum in Davos on Thursday, arguing in favor of the expansion of free trade as his country increasingly distances itself from the EU.
For the first time in recent years, policymakers don't have a major financial crisis to grapple with at this year's World Economic Forum (WEF), which gets under way on Wednesday.
CNBC is at the annual World Economic Forum taking the pulse of global thinkers and business minds. Each day, we’ll update our Storify with the latest news updates, tweets, and behind the scenes photos from Davos 2013.
Ask! Andrew might answer it during our LIVE Q&A SESSION.
The European economy faces multiple challenges, but there is reason to be optimistic, IMF Managing Director Christine Lagarde told delegates at the World Economic Forum on Wednesday.
As business leaders from across the world prepare to touch down in Switzerland, a new survey has revealed that just 18 percent of the public trusts business leaders to tell the truth.
South African President Jacob Zuma on Wednesday questioned whether Africa was more risky than other regions across the globe, arguing in a debate at Davos that the continent was growing and moving forward.
Rating agencies are wrong to be concerned about South Africa, the country's finance minister told CNBC at the World Economic Forum on Wednesday, arguing that the country has its finances under control.
CEOs, many of whom are gathering in the Swiss ski resort of Davos for this year's World Economic Forum, are feeling less optimistic about their companies' growth prospects than last year or the year before, PwC said Tuesday.
With billions of dollars' worth of distressed assets in its banks waiting to be snapped up by more intrepid investors, Europe is one of the "largest emerging markets" in the world, according to the chief executive of global private equity firm The Carlyle Group.
As the financial crisis in Europe and the U.S. forces governments to reduce budgets, entitlement policies have been cut and income inequality has increased.
JPMorgan Chase CEO Jamie Dimon has hit back at policymakers and new regulations, telling CNBC in Davos that some of the rules had made things more complicated and that many of the problems had still not been fixed.
The euro zone economy is not out of the woods yet, UBS Chairman Axel Weber told CNBC at the World Economic Forum in Davos on Wednesday, pointing to the Italian elections and Spain's ability to tap financial markets for funding as significant risks.
Outgoing Italian Prime Minister Mario Monti defended his track record in leading Italy through the European financial crisis and told delegates at Davos that the country had regained credibility in the eyes of investors.
Optimistic shareholder expectations seem out of kilter with weak projections for global economic growth. Companies must grow rapidly to meet analyst expectations.
Inequality risks destabilizing “global society”, Klaus Schwab, the German economist who founded and chairs the World Economic Forum, told CNBC on Tuesday.
Travel advice for the wealthy elite -- plus guidelines on cocktail attire -- seem far removed from the Forum's commitment to "improving the state of the world."
The global elite have stumbled on an emerging market sell-off that served as a reminder of the risks the global economy still faces.
Sure there was talk of women's issues at Davos but this female CEO says one of the questions she got asked a lot was: Are you here as a spouse?
Here’s a five-point reality check for why people need to stop bashing Davos as an irrelevant gathering of the elite. By the executive director of Wharton's Risk Management Center.
Maria Bartiromo and Steve Liesman discuss what they are looking forward to at the 2013 World Economic Forum.
Steve Liesman and Andrew Ross Sorkin discuss staying warm in twelve degree weather (hat or no hat...) at Davos.
CNBC's Maria Bartiromo reports from Davos, Switzerland, at the World Economic Forum, where CNBC will be interviewing some of the biggest names in business. She will be talking to George Soros, Jamie Dimon, Bill Gates and others.
Maria Bartiromo takes CNBC behind the scenes at Davos as the World Economic Forum draws to a close.
CNBC goes behind the scenes with Maria Bartiromo at the Davos banking debate.
Maria Bartiromo gets the buzz from Zhang Xin, CEO of SOHO China, on Davos and what's happening in China.