$100 million a day
$4.2 million an hour
$70,000 a minute
$1,200 a second
Just imagine the losses that Citibank would have, if the taxpayer hadn't stepped in. For more, hit the link:
But now that Citi is going to merge it's brokerage firm with Morgan Stanley, CitiMorg has set aside $2-$3 billion in retention bonuses!
Morgan Stanley and Citigroup are looking at setting aside between $2 billion and $3 billion to keep top brokers at the wealth-management shop the two banking giants are close to combining, The Post has learned.
The whopping payout would be distributed over time as retention bonuses for top-tier brokers that Morgan Stanley and Citi hope to keep as they look to merge their brokerage operations into a 22,000-strong behemoth.
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