"Citigroup CEO Jane Fraser's $26 Million Pay Raise Amid Company Streamlining and Layoffs"

Citigroup's CEO Jane Fraser's 2023 compensation of $26 million, while a 6% increase from the previous year, pales in comparison to Goldman Sachs CEO David Solomon's $31 million. However, these reported figures may not accurately reflect the actual amounts earned, as a significant portion of the compensation is tied to future stock-based and cash incentive awards. Meanwhile, Bill Ackman has entered the top ten best paid hedge fund founders without making major changes to his investment portfolio, and LSE Group has extended parental leave to 26 weeks. Additionally, ExodusPoint has closed its Paris office, tech firms and VCs are returning to San Francisco from Miami, and Barclays aims to increase revenue from lending clients.