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Investors back executive pay at Citigroup

In ‘say on pay’ vote at annual meeting, 95% support compensation awards

Investors back executive pay at Citigroup
Photo: iStockPhoto

Shareholders at Citigroup have backed the bank's remuneration plan for top executives, following a decision to slice the CEO's pay, The Wall Street Journal reports.

At an annual general meeting on Tuesday, investors also cast votes in favour of the current board of directors and against plans to break up the bank.

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