Marjorie Magner, who is standing down as Citigroup's global head of consumer banking, sold a quarter of her stake in the firm, worth $4.35m (€3.53m), the day after she announced her resignation.

The New York Post reports that Magner sold 100,000 shares for $43.46 each on August 23, according to a Securities and Exchange Commission filing, in a move that leaves her with 377,557 shares.