Citigroup (NYSE:C) said late Tuesday that it takes "seriously" the shareholder vote rejecting the bank's executive compensation plans, and that it will meet with some investors to understand their concerns.

Investors in the third-largest bank on Tuesday dealt a rare, if symbolic, blow by refusing to ratify Citigroup's executive-compensation proposal.  The vote was non-binding, but outgoing Citigroup chairman Richard Parsons on Tuesday called it "a serious matter."

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