Tag:
Bonus
Latest Headlines
Latest Headlines
Rhetoric vs reality on Wall Street pay cuts
Conventional wisdom holds that the compensation picture on Wall Street is so dire that top executives are retiring, top bankers are defecting for boutiques, and the sky is just about to cave in.
Credit Suisse to pay bonuses in structured notes
We hear a lot these days about the need to get more creative in terms of aligning the interests of employees and shareholders.That usually means stock options and restricted stock grants, which may...
Big job losses coming in New York
Since January 2008, the securities industry in New York has nixed 22,000 jobs. While the employment situation seemed to improve a bit last year, the woes of Wall Street this year are once again
Wall Street slashes jobs, salaries and bonuses
The on-going round of layoff angst that has engulfed Wall Street seems cruel on several counts. For one thing, this is very much the second dip of the industry's economic performance. It was just a
Citigroup gives Pandit potentially lucrative retention package
The Citigroup ( NYSE: C ) board has awarded CEO Vikram Pandit a retention package that will pay off handsomely if he can get the bank turned around. The interesting part of the plan is the deferred
Jamie Dimon's 2010 pay is tops on Wall Street
Jamie Dimon can add another distinction to his long list: he's the highest paid bank executive on Wall Street. For a decent 2010, the JPMorgan Chase board gave him 251,415 units of restricted stock,
Constance Melrose discusses internal pressures on Wall Street pay
Bonus season has drawn to a close with a majority of execs seeing a boost in pay, but not as much of a boost as they may have hoped for. Now that Dodd-Frank requires say-on-pay votes at least every
Goldman Sachs rewards top execs with pay raises
Is life getting back to normal at the top Wall Street firms? Well, the good times are starting to roll again for some top executives, even after a tough 2010 that may not get much better in 2011.
Bank of America issues shares as bonuses to raise capital
Recall that when Bank of America (NYSE: BAC ) inked a deal with regulators to exit the TARP program, it agreed that it would sell assets to raise capital. Originally, it agreed to raise $4 billion,
Citigroup executives paid heavily in stock for 2010
Citigroup CEO Vikram Pandit will soon start drawing a paycheck again. After two years of working for a $1 a year and no bonus, he will be paid a salary and bonus starting in 2011. Recall that he
