Some businesses within the securities and banking unit had bonuses reduced by as much as 70 percent, Bloomberg reported.
Citigroup was not immediately available for comment.
(Reporting by Abhiram Nandakumar in Bangalore; Editing by Steve Orlofsky)
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
61.26 USD | +0.02% | +1.01% | +19.03% |
04:03pm | US banks weather Fed's annual stress test, but risks rise | RE |
02:27pm | Citigroup Advises Staff to Avoid Engaging with Protesters at NY HQ Amid Ongoing Demonstrations | MT |
(Reuters) - Citigroup has cut bonuses for its investment banking division by about 30 percent on average, Bloomberg said, citing a person briefed on the matter.
Some businesses within the securities and banking unit had bonuses reduced by as much as 70 percent, Bloomberg reported.
Citigroup was not immediately available for comment.
(Reporting by Abhiram Nandakumar in Bangalore; Editing by Steve Orlofsky)
1st Jan change | Capi. | |
---|---|---|
+19.03% | 117B | |
+2.87% | 157B | |
+15.56% | 155B | |
+6.09% | 134B | |
-9.67% | 34.86B | |
+8.81% | 25.19B | |
+21.64% | 20.54B | |
-15.51% | 18.85B | |
+43.33% | 17.25B | |
+4.18% | 15.56B |