Posted by Reuters: Business News on December 22, 2011
(Reuters) – As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will hurt growth in the broader U.S. jobs market in the coming months, TrimTabs Chief Executive Charles Biderman said.
Posted by Reuters: Business News on November 22, 2011
WASHINGTON (Reuters) – Bonus season could come early this year for employees who are paid on commissions, payroll servicers said on Tuesday, if Congress fails to extend the Obama administration’s payroll tax cuts beyond 2011.
Posted by Reuters: Business News on November 8, 2011
(Reuters) – The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut costs and lay off workers in a weak environment for trading and deal-making.
Posted by Reuters: Business News on September 4, 2011
NEW YORK (Reuters) – News Corp awarded Rupert Murdoch and his son James big compensation increases, though James declined his bonus, citing controversy over a phone hacking scandal at the UK newspaper unit that he oversees.
Posted by Reuters: Business News on April 2, 2011
NEW YORK (Reuters) – Goldman Sachs Inc awarded Chairman and Chief Executive Lloyd Blankfein a $5.4 million bonus for 2010, despite a decline in the company’s share price and profit.
Posted by Reuters: Business News on March 7, 2011
LONDON (Reuters) – Bob Diamond, the new chief executive of British bank Barclays Plc, was paid a bonus of 6.5 million pounds ($10.6 million) for last year and received a similar amount in shares…
Posted by Reuters: Business News on January 25, 2011
LONDON (Reuters) – Half of bankers in Britain and the United States have received a higher bonus for 2010 than the year before, despite sluggish investment banking performances, according to a survey…
Posted by Reuters: Business News on December 9, 2010
BANGALROE (Reuters) – Morgan Stanley is planning to pay out 10 to 25 percent less bonus this year to its employees, owing to volatile market conditions, the Wall Street Journal said, citing a person…
Posted by Reuters: Business News on December 6, 2010
BANGALORE (Reuters) – Morgan Stanley Chief Executive James Gorman plans to take on the firm’s top-paid bankers and may play “hardball” with bonus payouts this year, the New York Post said, citing…
Posted by Reuters: Business News on November 26, 2010
LONDON (Reuters) – Britain’s top banks are still talking to the government about pay packages, a banking lobby group said on Thursday, as pressure mounts to curb excessive bonus payouts at the end of…
