WALL STREET BANKS ARE PAYING THEIR CEOS LIKE IT’S 2006 AGAIN Top U.S. bank CEOs are earning $40 million or more again — the richest payouts since before the 2008 crisis. Goldman Sachs Group Inc. CEO David Solomon led the group at $47 million. Citigroup Inc. raised Jane Fraser’s pay to $42 million, and Bank of America Corp. lifted Brian Moynihan’s to $41 million. The surge follows a banner year for banks, with strong profits from trading, lending and dealmaking. Unlike 2007 — when firms like Lehman Brothers Holdings Inc. collapsed — today’s payouts come under tighter rules shaped by the Dodd-Frank Act.
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