Citigroup to Cut Bonuses for Top Executives After Regulatory Lapses

Citigroup is set to cut bonuses for top executives following fines for risk management lapses by US regulators last year...
Citigroup is set to cut bonuses for top executives following fines for risk management lapses by US regulators last year...
Is corporate governance fit for purpose? Each company or market failure has spurred politicians and regulators to tinker with public company boards. Sometimes this means changing responsibilities, more recently it has been composition. But the pandemic has revealed broader failure...
Bankers and advisers insist they often advise their clients not to do potentially value-destroying deals — in reality, they hardly do...
Saba Capital Management, a $1.7bn hedge fund run by Boaz Weinstein, has sued BlackRock, arguing that the world’s largest asset manager has moved to block outsiders from gaining board seats at three of its funds and effecting change...