No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the bank's controls.
(Reuters) - Citigroup said on Tuesday it had set Chief Executive Officer Jane Fraser's 2024 compensation at $34.5 million, 33% more than the previous year. The compensation includes $1.5 million ...
Fraser took over the top job at Citi with clear, if formidabl Citigroup's Jane Fraser was awarded $34.5 million for her work running the banking giant in 2024, a roughly 33% raise.
Citigroup's (NYSE:C) board awarded CEO Jane Fraser a 2024 pay package totaling $34.5M, up 33% from the $26.0M she received in salary and incentive compensation for 2023. The 2024 compensation ...
Citigroup (C) mistakenly credited $81 trillion to a customer’s account last year and took hours to reverse the transaction, The Financial Times reports. The bank was supposed to credit just $280.
Despite lower profitability metrics, Citi offers a compelling valuation and strategic improvements under Jane Fraser, enhancing shareholder value. Citi's restructuring focuses on core businesses ...