Big Phibro bonus flare-up may set stage for a divorce

摘要

New York-Executives with Phibro, the commodities arm of politically challenged Citigroup, are actively courting investors, who would gain a trading outfit with an increasingly diversified trading strategy, trading sources say. Phibro is now speaking with potential investors on a possible restructure of the firm, and plans to discuss future contract terms with the government's pay czar amid an uproar over President Andrew Hall's enormous 2009 bonus, sources at the company told Platts.