Lates News

Citigroup has raised CEO Fraser's 2025 salary to $42 million, making her one of the highest-paid bank executives in the United States. According to a document disclosed on Thursday, this 22% increase follows Citigroup's stock price rising 66% over the past year - surpassing any other Wall Street major bank. This pay raise puts Fraser's total annual compensation package just $1 million less than JPMorgan Chase CEO Dimon. The compensation plan includes a $1.5 million base salary, $6.1 million cash bonus, and the remaining in stock awards. In addition, when Fraser was appointed Chairman of the Board of the bank in October 2025, she also received a retention bonus worth $25 million at that time, fully vested five years later. Citigroup stated in the document that the compensation plan "reflects her work in significantly enhancing Citigroup's performance in 2025, her strategic vision and execution, and her bold decisions for the company's future growth."