Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Citigroup has cut bonuses for 250 top employees under a programme that tied their pay to a turnaround effort aimed at boosting shareholder returns and fixing compliance shortcomings at the US bank.
Citi’s so-called transformation bonus programme was put in place three years ago to incentivise senior staff to boost the group’s financial performance and improve its…
Read the full article here
