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Citi ties more banker bonuses to longer-term risk taking
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Citigroup has shaken up bonus payments for senior bankers, tying compensation to longer-term risk-taking as it continues to overhaul its controls at the behest of US regulators.
The US bank has increased the number of bankers and traders getting paid more in longer-term stock options, as well as reducing the amount it pays out immediately in cash, according to people familiar with the matter.
Some...
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