pay and bonuses
- Finance
JPMorgan chief Jamie Dimon has $50m bonus rejected by shareholders
JPMorgan Chase shareholders objected to a roughly $50m retention bonus for chief executive Jamie Dimon and voted against the bank’s compensation…
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Goldman Sachs says senior bankers are free to take as much time out as they want
Goldman Sachs rolled out a new policy that will allow its most senior staff to take as much leave as…
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Capital markets bonuses to slump 40% as fundraising dries up
Bonuses for capital markets bankers are set to tumble by 40% this year as deal activity slumps, while a flurry…
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Pirc tells Barclays shareholders to vote against pay report
Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder…
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Top grads flock to £100k crypto jobs instead of banking: ‘There’s growth in every single direction and almost zero hierarchy’
Forget banking, crypto is now where the talent and money are. Take Pujeet Manot — the sort of hire the…
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Europe’s banks edge closer to Wall Street rivals as bonus hikes shake up pay rankings
Wall Street banks have long trumped their European rivals on bonuses, but a fierce battle for junior and mid-ranking staff…
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Hot hiring market for London lawyers continues into 2022 despite M&A slump
The booming recruitment market for lawyers in London has stayed hot into 2022, despite a slowdown in deal flow and…
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Bumper bonuses for dealmakers mean women fall further behind on pay
A bumper bonus round for investment banks has exposed the stark lack of women in senior, highly paid roles in the…
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PE sector gripped by deal fatigue: ‘People have been working beyond their capacity for a long time’
A frenzied spell of dealmaking and fundraising has left the private equity industry feeling exhausted. After striking a record $1.1tn…
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UBS hikes pay for Wall Street analysts to $110,000
UBS has hiked salaries for its junior bankers for the second time in a year, bringing it in line with…
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Firms are rushing out of Russia. Employment lawyers say it isn’t quite that simple
Thousands of staff from UK-headquartered companies are heading for the exit in Russia. From law firms and consultancies to banks…
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JPMorgan CEO Jamie Dimon pockets $56m windfall as historic incentives jump
An incentive programme for JPMorgan’s Jamie Dimon has more than doubled in value over the past three years, as the chief…
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Major London law firms hiring ‘anyone with a pulse’ as soaring salaries aren’t enough to keep junior lawyers
City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified…
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‘Meaty’ bonuses are on the way for junior lawyers at US firms in London
Junior lawyers in the London offices of US firms are gearing up for an end of year bonus season that…
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Wall Street set to shower bankers with highest pay and bonuses since 2008 crisis
Top Wall Street banks are on course to pay their dealmakers more than at any point in at least a…
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FCA staff slam bosses in leaked internal chats: ‘I’ve never worked in such an unhappy place’
Staff at the Financial Conduct Authority have blasted their bosses for decimating morale in a tense internal discussion on the watchdog’s plans…
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Private equity firms hike junior pay by 50% amid banker burnout crisis
Pay for junior private equity professionals in Europe has swelled by 52% over the past two years, showing the growing…
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FCA set to lift salary freeze as staff push back over pay cuts
The UK’s Financial Conduct Authority is planning to end restrictions on pay rises for its roughly 4,200 employees next year,…
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