In 2024 the committee paid 68 per cent of the maximum bonus amount, which was not disclosed by the bank, lower than in the ...

NEW YORK] Citigroup cut payouts to hundreds of top executives in the final round of a three-year special bonus program that ...

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 ...

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, ...

Citi stock benefitted from higher tariffs under Trump 1.0. Wells Fargo is convinced this time is not going to be any different.

Citigroup CEO Jane Fraser makes a point of keeping some flexible working rules that emerged from the pandemic. Five years ...

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 ...

A turnaround stock is a struggling company with a strong makeover plan that can pay off for intrepid investors.

Jane Fraser at Citi received the largest pay rise among Wall Street CEOs in 2024, but it is not all good news.

Top US banks registered strong comebacks in 2024, exceeding expectations, and they are virtually unanimous that this ...