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Posted AT 8:06 AM EST on 18/11/09

Key Citigroup executives get pay hikes

The Associated Press

New York — Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while chief executive officer Vikram Pandit will continue to collect a salary of $1 per year.Citigroup, based in New York, faces restrictions on executive compensation because it received $45-billion in government bailout money after the peak of the credit crisis last fall.

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