pay and bonuses
- Finance
Jefferies executives warn staff of ‘difficult’ year for bonuses
Jefferies executives have warned staff that 2022 will be a “difficult compensation season” as investment banks prepare to cut variable…
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Kirkland & Ellis partners face nervous wait on pay, promotions
Kirkland & Ellis partners are facing a nervous few weeks as they wait to hear their fates on pay and…
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EY split offers chance to poach staff and clients, BDO UK boss says
EY’s looming split offers opportunities for rival firms to hire away staff and poach clients, the boss of accountancy firm BDO…
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UK fund manager profit squeeze set to shrink bonuses by 20%
Some of the UK and Europe’s largest fund management houses have seen assets under management shrink this year as volatile…
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Credit Suisse hands out $300m in retention bonuses to keep dealmakers
Credit Suisse handed out nearly $300m in retention bonuses to dealmakers during the third quarter of 2022 — more than…
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Banker bonus cap may still be scrapped despite Jeremy Hunt’s U-turn on most of UK mini-budget
New chancellor Jeremy Hunt is set to press ahead with plans to scrap the cap on bankers’ bonuses, according to reports, as…
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Morgan Stanley boss James Gorman: ‘We’re looking at head count’
Morgan Stanley chief executive James Gorman said the marquee investment bank is studying potential job cuts as the latest big…
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PJT Partners bolsters dealmaker pay by 12% as larger rivals cut back
Boutique investment bank PJT Partners has bolstered dealmaker compensation by 12% after a record start to the year, even as…
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Evercore cuts banker pay by 27% as dealmaking slows
Boutique investment bank Evercore cut banker compensation by nearly 30% in the third quarter as dealmaking fees slumped in line…
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Slaughter and May ups pay, introduces work-life balance code in post-pandemic overhaul
Slaughter and May has upped pay and introduced a new work-life balance code as part of a post-pandemic revamp of…
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Bad bonuses in SEC crosshairs ahead of vote on clawback rule
Public companies whose financial statements contain errors would be forced to recoup their executives’ bonuses under a rule the Securities and Exchange…
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EY UK partner pay hits record £803,000 as break-up looms
EY UK’s average partner pay has hit a record £803,000, as the firm moves towards a potential split between its…
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Goldman Sachs London banker pay slides 53% as deal fees fade
Goldman Sachs has more than halved the amount it has paid its London bankers so far in 2022, as dealmaking bonuses…
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FTSE 100 bosses enjoy bumper bonuses despite uptick in ESG-linked remuneration
The top brass at FTSE 100 companies have enjoyed bumper bonus payouts this year, despite a majority of firms linking…
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