Citigroup, amid layoffs, gives CEO Jane Fraser bigger pay raise than Jamie Dimon

Citigroupincreased Chief Executive Officer Jane Fraser’s compensation by about 6% to $26 million for 2023, the lender said in a filing on Tuesday. Her pay was comprised of a base salary of $1.5 million, cash bonus of $3.7 million and $20.8 million in deferred performance-linked stock, according to the filing. Fraser’s compensation was determined by...