Citigroup Increases Corbat’s Pay 27% to $16.5 Million for 2015By
Corbat's award ranks fourth among leaders of top U.S. banks
CEO gets raise for year in which he passed Fed stress tests
Citigroup Inc. increased Chief Executive Officer Mike Corbat’s compensation 27 percent to $16.5 million for last year as the lender boosted profit and passed the Federal Reserve’s annual stress test, a reversal from its failure a year earlier.
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