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Bonuses to disappoint bankers after banner year for finance

Bonuses to disappoint bankers after banner year for finance
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

New York , United States , White House , District Of Columbia , Andrea Enria , Paul Sorbera , Michael Corbat , David Solomon , Brian Moynihan , European Central Bank , Goldman Sachs Group Inc , Credit Suisse Group , Goldman Sachs , Deutsche Bank , America Corp , Jpmorgan Chase Co , Alliance Consulting , Citigroup Inc , Wall Street , Chief Executive Officer Michael Corbat , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , பால் சொற்பெற , டேவிட் சாலமன் ,

Bonuses to Disappoint Bankers After Banner Year for Finance

Bonuses to Disappoint Bankers After Banner Year for Finance
Bloomberg
2/20/2021
Lananh Nguyen
(Bloomberg) After a stellar year for trading and dealmaking, European bankers are joining their American counterparts in learning their bonuses won’t be quite as impressive.
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Credit Suisse Group AG, which contended with major legal hits and writedowns last year, reduced its bonus pool by about 7%. Deutsche Bank AG will boost bonuses for its traders by more than 10%, but it was forced to scale back an initial plan to increase annual payments by roughly a third after the European Central Bank objected.
On both sides of the Atlantic, banks are seeking to exit bonus season with their top traders and investment bankers in place but without provoking the ire of regulators as a pandemic depresses the global economy. Banks have benefited from trading volatility and a surge in mergers and acquisitions, yet their consumer businesses ....

New York , United States , White House , District Of Columbia , Andrea Enria , Paul Sorbera , Michael Corbat , David Solomon , Brian Moynihan , European Central Bank , Goldman Sachs Group Inc , Credit Suisse Group , Goldman Sachs , Deutsche Bank , America Corp , Jpmorgan Chase Co , Alliance Consulting , Citigroup Inc , Wall Street , Chief Executive Officer Michael Corbat , Adds European , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , பால் சொற்பெற ,

Bonuses to Disappoint Bankers After Banner Year for Finance

Bonuses to Disappoint Bankers After Banner Year for Finance
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

New York , United States , White House , District Of Columbia , Andrea Enria , Paul Sorbera , Michael Corbat , David Solomon , Brian Moynihan , European Central Bank , Goldman Sachs Group Inc , Credit Suisse Group , Goldman Sachs , Deutsche Bank , America Corp , Jpmorgan Chase Co , Alliance Consulting , Citigroup Inc , Wall Street , Chief Executive Officer Michael Corbat , Adds European , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , பால் சொற்பெற ,

Wall Street tempers bonus expectations in year of the pandemic

Wall Street tempers bonus expectations in year of the pandemic
Lananh Nguyen, Bloomberg News
Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 12, 2018. Stocks gave up early gains Monday as uncertainty over the prospect of tariffs undid some of the market s recent job-driven gains. Photographer: Michael Nagle/Bloomberg
, Bloomberg
The Wall Street traders who generated windfalls at banks this year may reap more modest rewards than they initially hoped for.
The biggest U.S. lenders are tempering expectations for employee payouts after the global pandemic spurred an avalanche of trading activity and sent revenues soaring. At Bank of America Corp., plans to keep the bonus pool for sales and trading at last yearâs level disappointed some staff. Citigroup Inc. will leave the overall pot unchanged for equities, while boosting it for bond traders by at ....

New York , United States , Paul Sorbera , Michael Corbat , Goldman Sachs Group Inc , Federal Reserve , America Corp , Jpmorgan Chase Co , Alliance Consulting , Citigroup Inc , Wall Street , Chief Executive Officer Michael Corbat , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , பால் சொற்பெற , கோல்ட்மேன் சாக்ஸ் குழு இன்க் , கூட்டாட்சியின் இருப்பு , அமெரிக்கா கார்ப் , ஜுப்ம்ொர்கண் துரத்து இணை , கூட்டணி ஆலோசனை , சிட்டி குழுமம் இன்க் , சிட்டி குழுமம் , சுவர் தெரு ,