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[25] [58] [59] Between 1999 and 2009, Rubin received total compensation, including employee stock options, of $126 million from Citigroup. [60] His compensation was criticized, with writer Nassim Nicholas Taleb noting that Rubin "collected more than $120 million in compensation from Citibank in the decade preceding the banking crash of 2008 ...
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.
His total 2009 compensation was $128,751, with a base salary of $125,001 and other compensation of $3,750. [30] 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.
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However, his compensation was reduced to $11.5 million in 2012 by JPMorgan Chase following a series of controversial trading losses that amounted to $6 billion. On January 24, 2014, it was announced that Dimon would receive $20 million for his work in 2013; a year of record profits and stock price under Dimon's reign, despite significant losses ...
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. [2] Citibank was founded in 1812 as City Bank of New York , and later became First National City Bank of New York . [ 3 ]
Thompson's total compensation was $10.2 million in 2023, according to UnitedHealth Group's 2024 proxy statement. His earnings topped $9.8 million in 2022 and $9.6 million in 2021, according to the ...
Shifting to the balance of the P&L. Corporate expense for the third quarter was $63 million, a 3% decrease driven by lower compensation and benefits, partially offset by higher consulting services ...