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Say on pay: Shareholders rarely reject CEO pay

Big U.S. companies are required to offer their shareholders a "say on pay" vote — essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much. Full story

Ahead of the Bell: Analyst upgrades Bristol-Myers

Bristol-Myers Squibb could be a big winner with a portfolio of cancer treatments under development that use a patient's own immune system to attack the disease, according to a Citi, which raised its rating on the drugmaker. Full story

Immune system cancer drugs tipped to be a $35 billion market

LONDON (Reuters) - A new wave of medicines that tap the power of the immune system to fight cancer could become the biggest drug class in history, with potential sales of $35 billion a year. Full story

Insight: No more easy pickings in Russia's banking market

MOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. Full story

Citi names new heads of mortgages, private bank, Citi Holdings

NEW YORK (Reuters) - Citigroup Inc <C.N> Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday ,as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue other opportunities, according to an internal memo. Full story

Junk rating risk casts shadow over Spanish bonds

LONDON (Reuters) - Spain's borrowing costs will rise if its credit rating is cut as much as market prices imply. Full story

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Articles

Ahead of the Bell: Boeing

Citi sells Brazilian card and finance business

Pakistan election bolsters bull market case for Mobius, Goldman

Wall Street hits session highs, banks lead

Ahead of the Bell: Analyst upgrades Allscripts

Lloyds Chairman Bischoff stands down as government sale looms

Citigroup sues Barclays over losses tied to Lehman

Judge blocks auction rate arbitration against Citigroup

Exclusive: Warburg's Antero Resources plans IPO - sources

Brazil's Bradesco drops bid for Citigroup's Credicard: report

Video

  Apple Losing Steam Again

Is the market too "frothy?" The Fast Money traders weigh in. And Citigroup's Glen Yeung says Apple's fall may be linked to consumers losing interest in smartphones.

  Gap Hits 13-Year High

Citigroup upgraded Gap to buy yesterday. Oliver Chen, analyst at Citigroup, weighs in.

  What Citi Shareholders Want to Hear From Corbat

Mike Corbat hosts his first shareholder meeting at Citi, reports CNBC's Kayla Tausche. And, Sallie Krawcheck, former Citigroup CFO, weighs in on how Citi can grow in this environment, and the outlook on U.S. banks.

  Citigroup Beats Estimates, Stock Trades Higher

Jeffery Harte, Principal, Sandler O'Neill, explains why he has a buy rating on Citi, and $49 price target on the stock.

  Earnings Preview Could Idenitfy 'Black Swans'

Michael Santoli, Yahoo! Finance; Christine Short, S&P Capital IQ; and Steven Wieting, Citigroup, discuss how to identify the warning signs of whether earnings will derail the rally.

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Citigroup's CEO Vikram Pandit gives an interview on the floor of the New York Stock Exchange
Citigroup's CEO Vikram Pandit gives an interview on the floor of the New York Stock Exchange

Citigroup's CEO Vikram Pandit gives an interview on the floor of the New York Stock Exchange June 18, 2012. REUTERS/Brendan McDermid

File photo of Soussa, Citi's chief economist for Middle East, speaking during DMCC and Thomson Reuters Spring Energy Forum in Dubai
File photo of Soussa, Citi's chief economist for Middle East, speaking during DMCC and Thomson Reuters Spring Energy Forum in Dubai

Farouk Soussa, Citi's chief economist for the Middle East, speaks during the Dubai Multi Commodities Centre Authority and Thomson Reuters Spring Energy Forum in Dubai in this April 17, 2012 file photo. One of the world's richest countries per capita, Kuwait has struggled for years to get big infra

Willem Buiter, chief economist at Citigroup, speaks at the Milken Institute Global Conference in Beverly Hills, California
Willem Buiter, chief economist at Citigroup, speaks at the Milken Institute Global Conference in Beverly Hills, California

Willem Buiter , chief economist at Citigroup, takes part in a panel discussion titled "Global Markets in Uncertain Times" as Madelyn Antoncic, vice president and treasurer of The World Bank, listens at the Milken Institute Global Conference in Beverly Hills, California April 29, 2013. REUTERS/Fred

Protesters gather outside the Citigroup Inc. shareholders meeting in New York
Protesters gather outside the Citigroup Inc. shareholders meeting in New York

Protesters gather outside the Citigroup Inc. shareholders meeting in New York April 24, 2013. Citigroup Inc. CEO Mike Corbat, speaking at a company annual meeting in New York, says he sees no 'quick' and 'sensible' resolution of the remaining 'Holdings' portfolio. REUTERS/Brendan McDermid (UNITED ST