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Citigroup Inc (C.N)

C.N on New York Stock Exchange

76.82USD
16 Feb 2018
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$-0.26 (-0.34%)
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Fri, Feb 16 2018

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Citigroup raises CEO Corbat's pay 48 percent to $23 million

NEW YORK Citigroup Inc raised Chief Executive Officer Michael Corbat's annual compensation by 48 percent to $23 million for 2017, a year in which the bank made more money from operations but still fell short of earlier targets.

UPDATE 2-Citigroup raises CEO Corbat's pay 48 pct to $23 mln

NEW YORK, Feb 16 Citigroup Inc raised Chief Executive Officer Michael Corbat's annual compensation by 48 percent to $23 million for 2017, a year in which the bank made more money from operations but still fell short of earlier targets.

BRIEF-Citigroup Says CEO Corbat's Annual Compensation For 2017 Is $23 Mln

* CITIGROUP - ON FEB 15, PERSONNEL & COMPENSATION COMMITTEE APPROVED INCENTIVE COMPENSATION AWARDS FOR 2017 PERFORMANCE TO CEO, OTHER SENIOR EXECUTIVES‍​

BRIEF-Citigroup Reports Credit Card Delinquency, Charge-Off Rates For January

* CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.17 PERCENT IN JANUARY VERSUS 2.58 PERCENT IN DECEMBER - SEC FILING

2nd Circuit won't review class status of Citigroup ERISA lawsuit

A federal appeals court has said it will not review class certification of a lawsuit accusing investment committees at Citigroup of failing to remove poorly performing funds from the 401(k) retirement plan of bank employees.

BRIEF-Omega Advisors Takes Share Stake In Wells Fargo, Citigroup

* TAKES SHARE STAKE OF 609,700 SHARES IN WELLS FARGO - SEC FILING

Citigroup to invest in London, hire staff despite Brexit: FT

Wall Street bank Citigroup Inc will set up an innovation center in London in one of the first investments by a big U.S. bank since Brexit, the Financial Times reported on Sunday.

Citigroup to invest in London, hire staff despite Brexit - FT

Feb 11 Wall Street bank Citigroup Inc will set up an innovation centre in London in one of the first investments by a big U.S. bank since Brexit, the Financial Times reported on Sunday.

LIVE MARKETS-Financials should fight back - Citi

* STOXX 600 down 0.5 pct * Financials, insurance stocks worst-performing * Umicore leads gains while Amundi falls * U.S. stocks plunged around 4 percent Feb 9 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net FINANCIALS SHOULD FIGHT BACK - CITI (1

Citigroup targets rapid Middle East, Africa growth in 2018

ABU DHABI Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, likely led by Saudi Arabia, a senior executive at the U.S. bank said.

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