Citigroup lifts CEO Jane Fraser’s total compensation by a third to US$34.5 million

Citigroup lifted CEO Jane Fraser’s total compensation to US$34.5 million for 2024, up a third from a year earlier, as she continues to seek higher returns at the Wall Street bank. Fraser’s pay, the vast majority of which comes in stock-linked awards, is up …

India faces losses up to $7 billion a year over Trump’s reciprocal tariff threat: CitiGroup | Know which sectors are at ...

US President Donald Trump’s threat to implement reciprocal tariffs starting in early April is raising concerns across India’s export sectors, from automobiles to agriculture. According to Citi Research analysts, potential annual losses could reach up to $7 …

Citigroup Bolsters Global Family Office Group

A number of senior figures have just joined or will join the private bank. Citi Private Bank has hired Hoo Peng Han (pictured below), as a director of its global family office group. He will be concentrating on the Asia South market. Hoo Peng Han …

State Street, Citigroup, BNY Stocks Edge Higher On Crypto Custody Plans — But Retail Remains Unmoved

Updated: Feb 15, 2025, 7:00 AM IST State Street Corp. (STT) shares rose 0.5% on Friday and Citigroup Inc. (C) climbed 2.5% following a report from The Information suggesting that both banking giants are preparing to launch cryptocurrency custody services. …

British Prudential has attracted Citigroup to the IPO of the Indian division of ICICI

What is debanking as Warren Buffet's Berkshire Hathaway pares stakes in BoA and Citigroup? Is it a major concern for U.S?...

Talking Money—And Taxes—At Work

This is a published version of Forbes’ Careers Newsletter. Click here to subscribe and get it in your inbox every Tuesday. Tax season is in full swing — here's what you need to know about your taxes at work. getty Tax season is already in full swing, …

HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns

HONG KONG : HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut long-term costs and boost profits while navigating diverging interest rate policies and geopolitical turmoil. The Asia …

HSBC net zero goal delayed 20 years, as CEO offered 600% bonus

HSBC is delaying key parts of its climate goals by 20 years, while watering down environmental targets in a new long-term bonus plan for its chief executive, Georges Elhedery, that could be worth up to 600% of his salary. The London-headquartered lender …

Who got the biggest pay bump on Wall Street (it's not Jamie Dimon)

The bosses of the biggest banks on Wall Street all got pay bumps, but the biggest raise belonged to Citigroup (C) CEO Jane Fraser. Fraser’s total 2024 compensation rose by roughly a third to $34.5 million, according to a new filing Tuesday, as she …