Pandit pay
Ex-Citigroup CEO Vikram Pandit, who resigned last month, and former Chief Operating Officer John Havens will each get about $15 million in 2012 compensation after forfeiting some awards, the bank said in a filing.
Spotify dough
Spotify is in the middle of closing a round of financing that will value the Internet music service at slightly more than $3 billion, the Wall Street Journal reported, citing sources.
Ally talks
Ally Financial, the lender majority-owned by the US, is in advanced talks to sell some global auto-finance businesses to General Motors for $4 billion, sources said.
Chipped
Morgan Stanley is suing ex-FrontPoint Partners hedge-fund manager Joseph “Chip” Skowron, who was convicted of insider trading, in order to recover $33 million it paid to settle civil claims relating to the crimes.
It Hertz
Hertz, seeking approval to buy Dollar Thrifty Automotive, is being pressed by regulators to shed at least 12 more airport locations than it previously agreed to.