Citigroup Gives Vikram Pandit $14.9 Million Pay Package

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Citigroup Inc., the third-biggest U.S. bank, said it gave Chief Executive Officer Vikram Pandit $14.9 million in total compensation for 2011, including his first bonus since the lender almost collapsed in 2008.

The package included $1.67 million of salary and a $5.33 million cash bonus, the New York-based lender said yesterday in a regulatory filing.