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Filed September 24, 2026

Story 414

Here’s another fun fact about Citi. Did you know that while Fraser collects $40M a year, Citi will not give you a pay rise for a parallel transfer? How’s that for labor exploitation? But they will tell you they support mobility. Just so long as it’s not competitively advantageous. Meanwhile an outside hire into the same seat often gets a premium, so the people who stay and move around end up paying for their loyalty.