pay and bonuses
- Finance
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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Ex-FCA staff fear talent drain amid bonus cuts
Former staffers at the Financial Conduct Authority said more people could leave the regulator as it undergoes a major project to transform its culture.…
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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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Why regulators are watching executive stock sales
Securities regulators are rethinking rules on popular plans that let corporate executives sell stock without violating insider-trading provisions. The plans…
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Hunt for top bankers echoes 2007: ‘They’re hiring indiscriminately and at prices I don’t understand’
Ill-timed hiring restrictions in 2020 are coming back to bite banks during this year’s unprecedented deal boom — creating a fierce battle…
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City banker bonus cap may be lifted in post-Brexit revamp
A limit placed on bankers’ bonuses may be scrapped by the government as part of its plans to make the…
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Slaughter and May boosts first-year lawyer salaries to £100,000
Magic Circle law firm Slaughter and May has bumped salaries for its first year lawyers to £100,000. Salaries for newly…
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US law firm boosts pay for first year London lawyers to $200,000
Wall Street law firm Milbank has ramped up pay for first year lawyers in London to $200,000 amid a mergers…
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Deutsche Bank shakes-up junior recruitment to diversify from MBA hires
Deutsche Bank is overhauling the way it hires junior bankers, expanding jobs typically reserved for elite MBAs to professionals with…
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