Posts Tagged ‘quarterly losses’

Nationalized Citibank Pays $3.5 Million Bonus to Brokers

Monday, March 9, 2009 13:01 15 Comments

Nationalized Citi disclosed that they spent about $3.5 million to provide rewards for top-performing advisers at its Smith Barney brokerage unit.
Smith Barney’s, the brokerage firm owned by Nationalized Citi,  gave its top 500 stock brokers $3,000 debit cards, according to a by the New York Post. The next 500 brokers received cards for $2,000 [...]

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