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Story summary
- Citigroup approved a $42 million compensation package for Jane Fraser, Citigroup Chief Executive Officer, for 2025, a roughly 22% increase from 2024.
- The package follows similar raises for executives at Goldman Sachs and Morgan Stanley.
- Investors back Fraser's management strategies, which spurred a 65.8% increase in Citigroup's stock in 2024.
- Citigroup noted record revenues and progress on regulatory compliance, which could boost profit growth after years of intensive oversight.
