Citigroup (C -1.09%) shareholders recently voted in favor of CEO Michael Corbat's pay packpage, despite Citigroup failing to receive Fed-approval of the bank's capital plan during the CCAR process. Does Corbat really deserve this healthy payday?

In the following video, Motley Fool banking analysts Matt Koppenheffer and David Hanson debate Corbat's performance and whether or not the Fed was fair during the capital review process.

Michael Corbat. Photo: Citigroup