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In January 2011, after working for two years for a salary of $1 a year, his annual base was raised to $1.75 million for the progress Citi made under Vikram's leadership. [ 30 ] [ 31 ] [ 32 ] After posting five consecutive quarterly profits, Citigroup in May 2011, announced $23.2m retention award to Pandit making him one of the highest paid CEOs.
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
Citi is spending £1 billion ($1.2 billion) to renovate its London office into a "workplace for the future." The Citi Tower in Canary Wharf is due to open in 2026.
Jane Fraser (born 13 July 1967) is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. [1] [2] Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004.
Liu is an advocate for diversity, inclusion and gender equality in the workplace. [16]She serves on Citi's Asian Heritage Affinity, becoming its Co-Lead in November 2021 [17] and she has spoken at the Milken Institute Global Conference on inclusivity for the Asian American and Pacific Island heritage (AAPI) community.
She added while Jamie Dimon, JPMorgan Chase's CEO, received a $19 million raise in 2010, Moynihan's salary stayed level at $950,000. [17] On December 27, 2011, Julia LaRoche wrote in Business Insider that Moynihan "admitted the proposed $5 monthly fee for debit card users wasn't the best idea." She quoted him as saying: "We struck a chord with ...
Image source: The Motley Fool. Telefonaktiebolaget Lm Ericsson (publ) (NASDAQ: ERIC) Q4 2024 Earnings Call Jan 24, 2025, 3:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers
National City Bank after 1865 - telegraph lines referred to it as "Citibank" Percy Pyne: 1882: 1891: James Stillman: 1891: 1909: Frank A. Vanderlip: 1909 1919 James A. Stillman: 1919 1921 Charles E. Mitchell: 1921 1929 Gordon S. Rentschler: 1929 1940 William Gage Brady Jr. 1940 1948 Howard C. Sheperd: 1948 1952 James Stillman Rockefeller: 1952 ...