Entries tagged "bonus"

Conference Board's Spector on compensation

The Conference Board's Jonathan Spector addressed compensation practices at SIFMA.

Credit Suisse's pay model gets overhaul

Credit Suisse announced it is changing its compensation policies, tieing the bonuses to a specific financial measure as well as allowing the redemption of a bonus if the bank's future prospects worsens.

Goldman Sachs' (too much) money problems

Who would think that a Wall Street bank would have a dilemma over too much money? But that's what Goldman Sachs has to deal with as it preps to pay year-end bonuses.

AIG close to selling Taiwan unit

American International Group CEO Robert Benmosche may soon be bagging another asset sale.

Bankers ready for a bonus increase?

Bankers and traders at investment and commercial banks could see an increase in bonuses, according to a study done by Johnson Associates, a compensation consultancy.

Defining Wall Street's perfect pay package

It seems we finally hit the realization that defining Wall Street's perfect pay package might be a lot harder than we thought.

Union advocates for more Wall St. bonuses

The AFSCME union is urging Morgan Stanley to roll back executive raises and return to compensating them primarily through -- dare we say it? -- bonuses.

Raises all around at Citigroup

With bailout money restricting what it can pay in bonuses, Citigroup is poised to raise salaries as much as 50%.

Do TARP exits mean more BofA poaching?

As its competitors escape TARP's compensation restrictions, BofA is likely to see even more talent raids.

UBS raises bankers' base pay

UBS is increasing its senior bankers' salaries by 50%, while cutting their bonus pool.

Citi's Parsons on nationalization, pay

Dick Parsons says the Obama administration doesn't want to run Citigroup. Instead, the government just wants to tell the bank how to pay its staff.

AIG's Liddy makes more than $1

Although AIG's CEO Edward Liddy technically only receives a $1 salary, his real compensation totaled $460,411 in other perks last year.

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