Citigroup's Jane Fraser Receives Major Pay Increase on Wall Street

Reported 2 days ago

Citigroup CEO Jane Fraser received the largest pay increase on Wall Street for 2024, with her compensation rising approximately 33% to $34.5 million as the bank improved its safety and profitability. This increase reflects the board's confidence in her leadership amid challenges, while other bank CEOs also saw raises, with Goldman Sachs' David Solomon coming second at $39 million.

Source: YAHOO

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