secwatch.observer — SEC 8-K summary
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Issuer:     CITIGROUP INC (C)
CIK:        0000831001
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001104659-25-014783
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citigroup CEO Jane Fraser awarded $34.5M in 2024 compensation; net income up 37%
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- CEO Jane Fraser's 2024 total direct comp: $34.5M ($1.5M salary + $33M incentive; 50% in PSUs).
- 2024 full-year revenue $81.1B (+3% YoY); net income $12.7B (+37%); EPS $5.94 (+47%).
- Returned $6.7B to common shareholders; CET1 ratio 13.6% under Basel III Standardized.
- Risk/control transformation ongoing; closed 2013 FRB AML consent order; incurred ~$136M in civil money penalties.
- Comp Committee notes progress on Banamex IPO, exits from China/Korea/Poland consumer markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831001/000110465925014783/0001104659-25-014783-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831001/000110465925014783/c-20250213x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-014783

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer