Citigroup CEO Jane Fraser Receives $42M Pay Package, Top-Earning Woman in Global Banking

Citigroup Inc. (C) announced on February 13, 2026, that its British-born CEO, Jane Fraser, received a total compensation of $42 million, marking her as one of the highest-paid women and among the top earners in global banking. Fraser’s package represents a 22% increase from 2025, placing her just below Jamie Dimon of JPMorgan Chase (JPM) ($43 million) and David Solomon of Goldman Sachs (GS) ($47 million). Fraser, who assumed the role of both CEO and Chairman in 2024, oversaw significant restructuring at Citi, including job cuts and management streamlining, contributing to a more than 65% surge in its shares over the past year. Her leadership follows a broader acceleration in Wall Street pay driven by higher deal-making, improved stock market listings, and expectations of Fed rate cuts and AI-driven growth.