Senior leaders were paid just 68% of 2024’s target, the bank said in a proxy filing, citing slower progress on regulatory ...

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 (C) reduced bonus payments to about 250 senior employees last year, delivering only 68% of the expected amount in ...

Citigroup Inc. cut payouts to hundreds of top executives in the final round of a three-year special bonus program that tied their compensation to the bank’s progress on risk and 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 ...

Dipendra Malhotra, former head of analytics, AI and data at Morgan Stanley's wealth unit, will help drive technology ...

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, ...

Citigroup (C) plans to significantly cut its use of information technology contractors, while adding thousands of IT workers ...

In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent ...