Citi cuts top bankers’ bonuses tied to turnaround drive
Citi’s profits rose 37 per cent last year to $12.7bn. But the bank’s return on tangible common equity, a key measure of ...
Citigroup’s Support for Working Moms Stands Out Amid Strict Return to Office Trends
Citigroup CEO Jane Fraser makes a point of keeping some flexible working rules that emerged from the pandemic. Five years ...
Citi Slashes Special Executive Bonuses Tied to Bank’s Turnaround
The payouts were designed to tie top managers’ compensation to Citigroup’s progress on improving risk and controls. The program was intended to link pay with the execution of remediation plans, ...
The Business Times5h
Citigroup slashes executive bonuses tied to bank’s turnaround
NEW YORK] Citigroup cut payouts to hundreds of top executives in the final round of a three-year special bonus program that ...
UK’s red tape cut should follow business world’s dotted lines
Not chainsaws, but bonfires. That’s the UK government’s approach to its war on red tape. It’s not quite the efficiency blitz billionaire Elon Musk is unleashing on the US civil service, but should be ...
This US bank stock could gain from Trump’s tariffs
Citi stock benefitted from higher tariffs under Trump 1.0. Wells Fargo is convinced this time is not going to be any different.
Citigroup reduces bonuses paid in 2024 for regulatory fixes
Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes ...