Citigroup, the US government and Andrew Hall, the bank’s star energy trader, are locked in a three-way tussle over a controversial contract that could award him $100m in compensation this year. Hall – who heads Phibro, Citi’s profitable energy trading unit – has become a symbol of the problems facing banks and regulators as they strive to reform pay practices. Hall is on a list of the 25 best-paid employees that Citi must submit to Kenneth Feinberg, the government’s “pay czar”, say people close to the matter.

This entry was posted by Gwen Robinson on Friday, August 14th, 2009 at 4:59 and is filed under Capital markets, People. Tagged with Andrew Hall, citi, Phibro. Edit this entry.