Citigroup CEO Jane Fraser's pay jumps 22% to $42M following years of job cuts

Citigroup said Thursday it had approved $42 million for CEO Jane Fraser’s total compensation for 2025, up nearly 22% from a year earlier.Investors have cheered Fraser’s efforts to streamline management, cut jobs and sell businesses, boosting the stock 65.8% last year. It outperformed peers and an index tracking bank stocks by a wide margin.The move follows similar hikes for top bosses at rivals Goldman Sachs and Morgan Stanley, as Wall Street giants gear up for what is widely expected to be a bumper year fo ...