From the category archives:

Compensation

Do Investment Banking Job Bonuses Really Work?

January 25, 2010

As major banks get set to hand over billions of dollars in bonuses to employees, despite much public indignation, the Times Online UK examined whether these types of incentives really do what they’re supposed to: namely, prevent top employees from leaving.
The article quotes Geraint Anderson, the author of Cityboy: Beer and Loathing in the Square [...]

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Salaries Jump for Some Investment Banking Jobs

December 7, 2009

What a difference a year makes. Just 12 months after many banks were drawing up lists of people to fire, now those lists are more likely to identify the star staff they want to lavish bonuses on.
Here is the City reports that many investment banking firms are being proactive about retaining their best employees this [...]

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Investment Banking Job Bonuses to Increase

November 9, 2009

Equities and fixed income traders at investment banks can look forward to a healthy year-end bonus this year, outpacing their peers in other areas of the financial services industry. So says Johnson Associates, Inc., a New York-based compensation consulting firm in Marketwire news release.
The stock market rebound and improved performance will trigger sharply higher incentive [...]

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Compensation Rebounds for Investment Banking Jobs

October 26, 2009

Despite the clamor over executive compensation, major U.S. banks and securities firms are set to pay employees a record $140 billion this year. Staff at the top 23 investment banks, hedge funds, asset managers and stock and commodities exchanges will earn more this year than they did during the peak year of 2007, reports the [...]

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Investment Banking Job Bonuses Were Not the Culprit

September 30, 2009

Politicians are quick to blame executive greed and big bonuses for causing the financial crisis. And use them to whip up public sentiment for new regulations limiting executive pay, or to at least have bank compensation schemes reviewed by the Fed.
But the real culprit wasn’t excessive compensation, it was excessive leverage, says columnist Andy Kessler, [...]

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Will the Fed Regulate Investment Banking Salaries?

September 21, 2009

Word is out that the Federal Reserve is proposing to oversee the pay policies for tens of thousands of bank employees nationwide, in an effort to curb risk-taking by financial institutions.
Under the new proposed guidelines, the Fed could reject any compensation policy it feels encourages bank employees, from CEOs to traders to loan offers, to [...]

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Investment Banking Compensation – Vice Presidents

September 16, 2009

Workers at many of the largest financial institutions may earn as much money this year as they did before the financial crisis, due to the strong rebound for bank profits, according to the New York Times.
Barring a last-quarter drop in the markets, workers who have held onto their jobs at investment banks may see their [...]

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