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 ...
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Another ‘near miss': Citigroup mistakenly credited a customer account with $81 trillionas 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.
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