Citigroup Inc. (NYSE:C) has hit the headlines again and this time over its compensation policy for its top executives. In fact, according to a Reuters report, a suit has been filed by a shareholder against the CEO – Vikram Pandit, and the directors, over their pay packages.
According to the allegations, Citi’s board has awarded its top executives an excessive pay package for a period of their service when the company’s performance has been disappointing. Notably, the compensation awarded to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards