Citigroup Inc. had what looked like the perfect way to grab a slice of the money flowing from wealthy individuals to private equity firms: playing matchmaker between its rich clients and an ...
A federal judge ruled Tuesday that the bank must keep $14 billion, previously granted by the Environmental Protection Agency, ...
The judge also found that the nonprofits will “suffer imminent, irreparable harm” if they don’t gain access to their funding.
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 ...
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, ...
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 ...
Citigroup (C) reduced bonus payments to about 250 senior employees last year, delivering only 68% of the expected amount in ...
Wells Fargo & Company’s WFC 2021 consent order related to related to loss mitigation practices in its Home Lending business was terminated by the Office of the Comptroller of the Currency (“OCC”).
The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...