Fraser's pay is up 9% from the previous year

Citigroup paid chief executive Jane Fraser $24.5m for 2022, up 9% from the prior year.

Fraser received a $1.5m salary and a $3.45m cash bonus, according to a filing on 21 February. The bulk of her pay comes in restricted stock units that will ultimately be determined by the bank’s performance in the coming years.

Citigroup boss Jane Fraser paid $24.5m, inclusive of $3.45m cash bonus

David Benoit

Citigroup

JPMorgan

Goldman Sachs

Bank of America

Wells Fargo

Banking

Brevan Howard Alpha Strategies fund ends first half up almost 6% 

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to engineer a merger with.

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President Trump’s latest salvo on trade gives U.S. allies three weeks to persuade Washington to relax tariffs that would be costly for their export-dependent economies.

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An internal investigation uncovered evidence that Linqto customers never owned the securities they thought they did.

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Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

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The president rolled out a new deadline, new rates and letters.

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