Senior leaders were paid just 68% of 2024’s target, the bank said in a proxy filing, citing slower progress on regulatory ...
In the third annual installment, the “Transformation Bonus Program” paid out 68% of the target for 2024 to about 250 senior employees, according to a proxy filing Tuesday. That compares with 94% for ...
A top U.S. banking regulator terminated a 2021 consent order against Wells Fargo for deficiencies in its home lending loss ...
Citigroup (NYSE:C) reduced bonus payments to about 250 senior employees last year, delivering only 68% of the expected amount ...
NEW YORK] Citigroup cut payouts to hundreds of top executives in the final round of a three-year special bonus program that ...
as well as big fines and regulatory consent orders requiring Citi to fix the issues. Corbat's successor, Jane Fraser, has said improving risk and controls is a top priority. The bank was still fined ...
Wells Fargo views the Financial Times’ reporting Friday on Citi’s (C) near-miss money transfers as backward looking with no impact to the ...
Wells Fargo said that a 2021 OCC consent order over its loss mitigation posture has been terminated, calling the move a validation.