Morning Scan: Citi's Bonus Plan Criticized; FOMC Minutes Sugges...

Receiving Wide Coverage ... Just Compensation?: Despite announcing planned changes to its executive pay scale, including capping incentive compensation, some corporate advisory firms say Citigroup isn't changing enough. Under CitiÂ's prior plan on performance-based awards, executive could earn more if Citi outperformed its peers, even if absolute shareholder returns were negative. Citi on Wednesday announced an update on that essentially says executives canÂ't earn bonuses if shareholders returns are negative, regardless of how well the bankÂ...