Posts Tagged “bonus”

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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HSBC hands allowances to hundreds of bankers to avoid EU bonus cap

by Wall Street Job Report on February 24, 2014

Britain’s biggest bank, HSBC, has inflamed the row over City pay by awarding allowances to hundreds of its top staff, enabling them to avoid the EU bonus cap. HSBC is the first UK bank to reveal how it will side-step the (…)

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How to fix runaway pay on Wall Street?

by Wall Street Job Report on February 4, 2014

Bloomberg Three CEOs (left to right) Lloyd Blankfein of Goldman Sachs, J.P. Morgan’s Jamie Dimon, and Brian Moynihan of Bank of America talk before the start of a hearing before the Financial Crisis Inquiry Commission in 2010. SAN FRANCISCO (MarketWatch) (…)

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Credit Suisse Plans New Asset-Backed Bonus Scheme

by Wall Street Job Report on January 4, 2013

Credit Suisse is preparing to offload more risk exposure to staff in its 2012 bonus giveaway but significantly fewer managers will be allowed to join the latest version of a scheme that has yielded stellar rewards in previous years.

Finance Bonuses to Plummet as London Loses Ground

by Wall Street Job Report on November 13, 2012

Bonuses for 2012 in London’s financial sector will more than halve to 1.6 billion pounds in total, a study found, and some shareholders are urging banks to cut pay even more.



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