Citigroup CEO Jane Fraser earns $22.5M as the first woman to lead a major Wall Street bank

Citigroup CEO Jane Fraser earned $22.5 million in her first year as the first woman to lead one of Wall Street's four major banks. The company's shares fell 2% in 2021 and its stock has risen less than 1% during her tenure,The Wall Street Journal reported. Fraser took over from Michael Corbat on March 1, 2021. Corbat was paid $24 million in 2018 and 2019, but took a pay cut to $19.04 million in 2020 after regulators fined the company $400 million for risk-management failures, per WSJ. Fraser…