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Citigroup scales down special executive bonuses linked to bank overhaul efforts (C:NYSE)

Writedowns Cost Citigroup $2.5 Billion Loss In 2nd Quarter

Justin Sullivan/Getty Images News

Citigroup (NYSE:C) reduced bonus payments to about 250 senior employees last year, delivering only 68% of the expected amount in the last phase of a three-year effort linking rewards to the lender’s risk and regulatory advancements, according to a proxy filing issued

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