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Citigroup Bids Farewell to Ybarra with $20M After 36 Years

Citigroup recently paid Paco Ybarra, a loyal veteran of 36 years, $20 million farewell as he exited the bank.

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation. Photo: Getty Images
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation. Photo: Getty Images

This departure occurred in a year when despite a reduction in the bonuses for many dealmakers, certain top executives, including Ybarra, received substantial compensations.

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