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Citi hands banking boss Raghavan $22.6m as ex-JPMorgan dealmaker looks to bolster returns

Investment Banking Editor

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Citigroup handed former JPMorgan banker Vis Raghavan $22.6m for 2024, making him its second highest-paid executive as he attempts to turn its investment bank around.

Raghavan, who was hired by Citigroup in February last year, received a cash bonus of $8.8m for 2024, a figure that comfortably exceeded chief executive Jane Fraser’s $5m, according to a newly released proxy statement from the bank.

Citi hands banking boss Raghavan $22.6m as former JPMorgan dealmaker looks to bolster returns

Raghavan was the second-highest paid executive at Citi last year

Paul Clarke

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b5LMiKhnNGLDjmK/8wxsXRFjN0q+8Q47638m/qlw6rRZtsON7la3S15t1V23Jxh0MoPWjeNb3MGZihNksmsea6NB+Y858P0ReDjZafGky2Kn5g+uM30SaiFBP/HMqWgvzsO4BbX5IewO/hM8VSJO573R4m5w1QR+/ZZ8wmQb2Js88CZrZfHz8YAA5Rnz0dWgeF3iW2CbSKHWYgixmgbjRgv+c1nKdHvVP/9FyJlPgfF6qdCO1fAY0c3mYZ5rwvSnTQ5t3C/AeZfqbXGOjlP7JS/HKwjZR44=

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