NEW YORK, Feb 21- Citigroup Inc said on Thursday it has overhauled an executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability.
NEW YORK, Feb 21- Citigroup Inc said on Thursday it has overhauled the executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability.
*Swiss to vote on limits to executive pay on March 3. ZURICH, Feb 21- The year is 2026. Switzerland is in a state of anarchy. Economiesuisse has cancelled the film's release, worried it could alienate voters ahead of a March 3 referendum asking the Swiss whether shareholders in public companies should have a binding vote on pay.
Jan 9- The board of American International Group Inc met on Wednesday to consider a lawsuit against the U.S. government over the terms of the company's bailout, a discussion directors defended as their responsibility but one that critics condemned as the height of ingratitude.
The structure of compensation needs to change at the banks and paying bankers in fixed income securities may be one day to reduce risk, Sallie Krawcheck, former Bank of America Merrill Lynch, Global Wealth Management president, told CNBC’s “Squawk Box” on Friday.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.