Bank CEOs Profit From Stock Market Slump

The video discusses how bank boards decide on CEO compensation, using Citigroup's Mike Corbitt as an example. It explains the process of determining equity based on stock prices and the implications of stock price fluctuations on CEO wealth. The video also highlights the impact of stock ownership on CEOs like Jamie Dimon and Lloyd Blankfein, and how changes in stock prices have affected their billionaire status. Finally, it covers the yearly changes in CEO compensation, including increases in both dollar value and stock shares.

What is the process by which banks determine the compensation for their CEOs?

How does Citigroup determine the number of shares to pay their CEO?

What impact does a declining stock price have on the number of shares received by CEOs?

Discuss the long-term versus short-term effects of stock ownership on CEOs like Jamie Dimon and Lloyd Blankfein.

What changes in compensation trends are observed this year compared to last year for CEOs?