Posts Tagged “bonus”

JPMorgan’s Dimon Gets $37 Million of Crisis-Era Options

by Wall Street Job Report on July 18, 2014

JPMorgan Chase & Co. (JPM) will letJamie Dimon collect about $37 million instock options created during the financial crisis, as the board stands by its leader after risk-management lapses and billions of dollars in legal settlements. JPMorgan gave the chief executive officer 2 (…)

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Shareholder anger simmers worldwide over bankers’ pay

by Wall Street Job Report on May 30, 2014

LONDON, May 29 (Reuters) – Investors owning almost 6 billion shares rejected the pay plans of 10 of the world’s biggest banks in recent weeks as anger over excessive bonuses reached record levels in Britain and jumped sharply from a (…)

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RBS plan for 200% bonuses blocked by Treasury body

by Wall Street Job Report on April 25, 2014

Royal Bank of Scotland has abandoned attempts to pay bonuses twice the size of salaries after being told the move would not be approved. UKFI, the body that manages the Treasury’s 81% stake in the bank, told RBS it would (…)

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Barclays Chairman Defends Bonuses as Profit Decline Seen

by Wall Street Job Report on April 25, 2014

Barclays Plc (BARC) Chairman David Walker defended bonuses paid to investment bankers, saying the U.K.’s second-largest lender by assets needed to retain talent last year as U.S. competitors stepped up pay. “We saw significantly higher numbers of high quality people we (…)

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RBS Reaches Deal To Award £550m Bonus Pot

by Wall Street Job Report on February 26, 2014

Royal Bank of Scotland (RBS) is to pay approximately £550m in staff bonuses for 2013 after securing the agreement of the Treasury agency that is its biggest shareholder. Sky News has learnt that the taxpayer-backed bank will disclose the sum (…)

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