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Bank of America, Citi CEOs’ pay cut

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1.Bank of America, Citi CEOs’ pay cut

Citigroup Inc. C 0.68% and Bank of America Corp. BAC 1.49% said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 …

2.Bank of America, Citi CEOs’ pay cut

Bank of America reduced CEO Brian Moynihan’s pay by 7.5% to $24.5 million, it said Friday in a filing. Citigroup curbed compensation for outgoing CEO Michael Corbat by 21% to $19 million, it said.

3.Bank of America, Citi CEOs’ pay cut

Citigroup Inc. (C) and Bank of America Corp. (BAC) said Friday they had slashed their CEOs’ 2020 pay.At Citigroup (C), the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent order that regulators slapped on the bank in October.The bank reduced other executives’ pay for the same reason, saying they shared responsibility for the problems.

4.Bank of America, Citi CEOs’ pay cut

Citigroup Inc. and Bank of America Corp. said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent …

5.Bank of America, Citi CEOs’ pay cut

Feb. 13—Bank of America CEO Brian Moynihan had his 2020 compensation cut by $2 million, the bank’s board of directors said in a securities filing Friday. The Boston-based executive was awarded …

6.Bank of America, Citi CEOs’ pay cut

Citigroup Inc. and Bank of America Corp. said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent …

7.Bank of America, Citi CEOs’ pay cut

Citigroup Inc. C 0.68% and Bank of America Corp. BAC 1.49% said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent order that regulators slapped on the bank in October. The bank reduced other executives’ pay for the same

8.Bank of America, Citi CEOs’ pay cut

Bank of America Corp and Citigroup Inc trimmed compensation for their chief executive officers last year, a year in which banks exercised restraint in compensating employees as the pandemic ravaged the economy.. Bank of America reduced CEO Brian Moynihan’s pay by 7.5 percent to US$24.5 million, it said on Friday in a filing. Citigroup curbed compensation for outgoing CEO Michael Corbat by 21 …

9.Bank of America, Citi CEOs’ pay cut

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10.Bank of America, Citi CEOs’ pay cut

The Wall Street Journal. – Citigroup Inc. and Bank of America Corp. said Friday they had slashed their CEOs’ 2020 pay. At Citigroup, the bank cut Chief Executive Michael Corbat’s pay 21% to $19.04 million, citing a consent order that regulators slapped on the bank in October. The bank reduced other executives’ pay for the …

News results

1.BofA, Citi Trim CEO Compensation for 2020 in Year of Restraint

Bank of America Corp. and Citigroup Inc. trimmed compensation for their chief executive officers in 2020, a year in which banks exercised restraint in compensating employees as the pandemic ravaged the economy.

Published Date: 2021-02-13T02:13:00.0000000Z

1  Citi CEO Michael Corbat on the economy
Citigroup CEO Michael Corbat speaks with the “Squawk on the Street” team about the economy, C-suite executive pay, the bank’s values and more. » Subscribe to CNBC TV: http://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: http://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the …
Watch Video: https://www.youtube.com/watch?v=7VfpgNXXVC0

1.Citigroup

Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City…

2.Bank of America

The Bank of America Corporation (simply referred to as Bank of America, often abbreviated as BofA or BoA) is an American multinational investment bank and…

3.American Express

First National Bank of Omaha, USAA, Navy Federal, Synchrony Financial, and US Bancorp have started issuing American Express cards. Citi issues the Macy’s…

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