Search results
Results From The WOW.Com Content Network
Bankers' bonuses are traditionally paid or awarded to some workers in the finance industry at the end of the bank's financial year. They are intended to reward employee behavior during that year that has increased the profits of the bank or some relevant part of its business, as shown by the annual accounts .
Proposed changes will see the period that bonus payments can be deferred for the most senior bankers reduced from eight years to five years.
Bonuses for investment bankers and traders were expected to rise by at least 10% at several bulge-bracket investment banks, Bloomberg reported earlier this month. Bonuses for investment bankers at ...
The lobby of AIG's headquarters in the American International Building.. The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) [1] in bonus payments to employees of its financial services division.
Morgan Stanley's top-performing investment bankers and traders in Asia will see up to a 50% increase in bonuses due to robust business growth and a low-base effect of last year, according to two ...
Lloyds Bank employees will get paid bonuses next month—and 2-day in-office minimum attendance will be one of the factors taken into account.
Johnson Associates' projections are based on an analysis of the nation’s largest investment and commercial banks and asset management firms. Some Wall Street bankers could see their bonuses jump ...
Citigroup Inc and Bank of America Corp are considering cutting bonus pools by as much as 30%, the report said, citing people with knowledge of the internal deliberations. Investment banks have ...