1. Citigroup Holders Back Executive Pay Plan

    Citigroup Holders Back Executive Pay Plan

    Citigroup Inc. shareholders cast 95% of their votes at Tuesday’s annual meeting in support of the bank’s compensation plan for top executives, following a jump in the stock price and a pay cut for Chief Executive Michael Corbat. That reversed tepid support last year when the bank’s annual “say on pay” resolution received 64% of votes cast. The average bank in the S&P 500 index received 91% support, according to proxy advisory... To Read the Full Story Subscribe Sign In

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