Bank Bonuses

That Huge Bonus May Actually Make You Screw Up

Posted 05.10.2012

Read More: Vikram Pandit, Video, Performance Pay, Incentive Structure, Big Bonuses, Business News, California Institute of Technology, Financial Incentives, Citigroup CEO Vikram Pandit, Performance-Based-Payment, Wall Street Bonuses, Bank Bonuses, Business News

Don't choke! It's advice we’ve all heard before, but it’s much easier said than done, according to a new study. After a certain threshold, ...

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Bankers Win Court Battle To Get $64 Million In Crisis-Era Bonuses

The Huffington Post | Alexander Eichler | Posted 05.09.2012

Read More: UK, Banker Pay, Commerzbank, London, Bank Bonuses, Goldman Sachs, Video, Goldman Sachs Bonuses, Germany, Banker Bonuses, Dresdner Kleinwort, Financial Crisis, Bonuses, Wall Street Bonuses, Business News

It seems like a law of the universe: Water flows downhill, and bankers eventually get their bonuses. A group of 104 London investment bankers won a...

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MF Global Execs Could Get Bonuses, Because They Just Deserve It So Much

The Huffington Post | Alexander Eichler | Posted 03.09.2012

Read More: Laurie Ferber, Mf Global Missing Money, Louis Freeh, Jon Corzine, MF Global Bonus, MF Global, Henri Steenkamp, Bradley Abelow, Mf Global Bankruptcy, Bank Bonuses, Video, Business News

What do you do after your company implodes and customer money goes missing? You collect a bonus, of course. As many as 23 employees at MF Global, t...

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Banks Rake In Huge Profits, Don't Share Them

The Huffington Post | Jillian Berman | Posted 02.28.2012

Read More: Bank Layoffs, Video, Wall Street Layoffs, Wall Street Profits, Business News, Big Banks Profits, Bank Profits, Wall Street Pay, Big Banks, Bank Bonuses, Wall Street Bonuses, Business News

Wall Street just scrimped, saved and cut its way back to pre-recession levels of profit. Bank profits jumped to a five-year high in 2011, according...

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Big Bank Whistleblower Claims It Cost Him Major Bonus Money

The Huffington Post | Jillian Berman | Posted 02.21.2012

Read More: Video, Whistleblowers, Edward Willems, Whistleblower Protection, Edward Willems Credit Agricole, Business News, Bonuses, Bank Bonuses, Wall Street Bonuses, Credit Agricole, Business News

One banker is claiming that blowing the whistle on his colleagues' inappropriate behavior cost him millions. Edward Williems, a former senior inve...

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Don't Get Too Comfortable: Big Bank Takes Back Some Bonus Pay For Execs

AP | ROBERT BARR | Posted 02.21.2012

Read More: Lloyds of London, Video, Business News, Bonus Clawbacks, Lloyds Bank ( NYSE:LYG), Clawbacks, Lloyds Banking Group, Bonuses, Bank Bonuses, Wall Street Bonuses, Business News

LONDON -- Lloyds Banking Group has canceled bonus payments for its former chief executive and a dozen other directors over their involvement in the co...

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BofA's Brian Moynihan Gets HOW Much After A Pay Cut?

AP | Posted 04.18.2012

Read More: Brian Moynihan, CEO Pay, Video, Banker Pay, Wall Street, Countrywide, Countrywide Financial, Restricted Stock, Bank of America, Brian Moynihan Pay, Bofa, Big Banks, Bank Bonuses, Ap, Business News

CHARLOTTE, N.C. (AP) — Bank of America's chief executive is taking a pay cut. Brian Moynihan will be eligible for up to $5.9 million ...

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Another Big Bank Slashes Its Bonus Pool

AP | Posted 02.10.2012

Read More: Barclays Bank, Video, Bank-News, Big-Bank-Pay, Business News, Bank Bonuses, Big Banks, Barclays, Barclays Bonuses, Business News

LONDON -- Barclays PLC revealed Friday that it is slashing its bonus pool after earnings at its investment banking division fell sharply and dented ov...

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The Latest Bankers To Hear Bad Bonus News

The Huffington Post | Bonnie Kavoussi | Posted 03.27.2012

Read More: Merrill Lynch, Bank of America Merrill Lynch, Video, Credit Suisse, Wall Street, Bank Compensation, Bank of America, Banks, Bonuses, Wall Street Pay, Wall Street Bonuses, Bank Bonuses, Wall Street Compensation, Business News

As Wall Street adjusts to a less profitable chapter in its history, bankers may be finally feeling the pain that many American workers have known for ...

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Morgan Stanley CEO To Disgruntled Workers: 'If You're Really Unhappy, Just Leave'

Posted 03.27.2012

Read More: Video, Bank-Compensation, Big Bank Pay, James Gorman Morgan Stanley Ceo, Business News, James Gorman, Wall Street Pay, Bank Bonuses, Wall Street Compensation, Business News

The CEO of one of the country's largest investment banks has some choice words for any employees upset about the prospect of a smaller paycheck this y...

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BofA Investment Bankers Told To Brace For Huge Pay Cut

Posted 01.24.2012

Read More: Video, Bofa Pay, Bank-Compensation, Bank of America Pay, Business News, Wall Street Bonuses, Bank Bonuses, Big Banks, Wall Street Pay, Bank-of-America-Pay-Package, Bank Pay, Business News

First it was the layoff announcements. Now it's time for pay cuts. A new type of structural adjustment continues to plague one of America's most i...

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Ex-Investment Bankers Sue Over Millions Of Dollars In Unpaid Bonuses

The Huffington Post | Jillian Berman | Posted 01.24.2012

Read More: Dresdner-Kleinwort, Video, Commerzbank, Business News, Dresdner Kleinwort Bankers Bonuses, Wall Street Pay, Wall Street Bonuses, Bank Bonuses, Wall Street Compensation, Business News

Investment bankers are banding together to reportedly sue their former employer, claiming the bank owes them tens of millions of dollars in unpaid bon...

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Goldman Sachs Employees On Bonus Day: 'It's A Bloodbath'

The Huffington Post | Bonnie Kavoussi | Posted 01.20.2012

Read More: Goldman Sachs, Video, Morgan Stanley, Wall Street, Goldman Sachs Bonuses, Goldman Sachs Profits, Bonuses, Bank Bonuses, Morgan Stanley Bonuses, Wall Street Bonuses, Business News

Reports are creeping out that yesterday's bonus day wasn't all fun and games at America's most iconic investment bank. Goldman's profits fell in 2...

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Pay For Goldman Sachs Employees Has Little To Do With Performance

The Huffington Post | Alexander Eichler | Posted 01.23.2012

Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...

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Wall Street's Youngest May Be Hit With Pay Freeze This Year

The Huffington Post | Jillian Berman | Posted 01.10.2012

Read More: Finance Industry, Business News, Video, Wall Street Pay, Finance Industry Workers, Wall Street Bonuses, Bank Bonuses, Wall-Street-Pay-2011, Business News

Some of Wall Street's youngest workers may not be getting the pay raise they expect this year. Credit Suisse will likely stop its practice of auto...

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More Than One-Third Of Layoffs At One Big Bank To Hit NYC

Posted 12.27.2011

Read More: Wall Street Job Cuts, Bank Layoffs, Video, Wall Street Layoffs, Bank of America Layoffs, Business News, Morgan Stanley Layoffs, Bank Bonuses, Big Banks, Wall Street Pay, Business News

More than one-third of job cuts at Morgan Stanley will likely hit workers in New York City. Nearly 600 of the 1,600 job cuts that Morgan Stanley a...

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Wall Street Employees Getting Smaller Bonuses This Year: Survey

The Huffington Post | Alexander Eichler | Posted 01.08.2012

Read More: Financial Industry, Bank Layoffs, Wages, George W. Bush, Banking Industry, Big Banks, Bank Bonuses, Barack Obama, Wall Street Compensation, Video, Wall Street Layoffs, Wall Street, Occupy Wall Street, Banks, Banker Bonuses, Bonuses, Wall Street Bonuses, Business News

It's been an underwhelming year for Wall Street, and traders will likely see that reflected in their bonuses, according to a new report. With the ...

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Wall Street Says It Expects Bonuses To Be Just As Big This Year

The Huffington Post | Jillian Berman | Posted 12.10.2011

Read More: Bonus Expectations, Video, Wall Street, Dodd-Frank, Bonus Outrage, Business News, Banking News, Bonuses, Executive Compensation, Wall Street Bonuses, Bank Bonuses, Business News

While most Americans aren’t expecting their incomes to rise with the cost of living in the near future, more than 60 percent of Wall Street professi...

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An Overblown 'Crisis' For State Pension Funds

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

Read More: Goldman Sachs, Prison Guards, Wall Street, Highway Patrol, Retirement, State Pension Funds, Scott Walker, Pensions, State Pensions, Banks, Pension Plans, Bonuses, Unions, Bank Bonuses, Pension Funds, Politics News

WASHINGTON -- In early 2010, Goldman Sachs announced two blockbuster numbers: profits of $13.4 billion for the prior year and compensation of $16.2 bi...

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America's Next Top Scapegoat Winner Announced

Sally Kohn | Posted 05.25.2011

Read More: Tyra Banks, Congress, Immigrant Rights, Humor, Adam Lambert, Obama, Immigration, America's Next Top Model, Bank Bonuses, Students, DREAM Act, Reality TV, Senate, Dadt, Don't Ask Don't Tell, Satire, Illegal Immigrants, Wall Street, Comedy News

Leaders of the culture war have yet to figure out how to reconcile blaming their old nemesis, the gays, for not procreating -- with attacking Latino immigrants for procreating too much.

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Half Of Bank Pay Could Modify Every Underwater Mortgage

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Foreclosures, Foreclosure Crisis, Foreclosure, Wall Street Bonuses, Executive Compensation, Bank Bonuses, Big Banks, Underwater Mortgages, Business News

Wall Street banks are on pace to pay out some $143 billion in compensation for 2010, just shy of their record year of 2007. But given the widespread l...

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Crashing the Economy Shouldn't Pay

George Goehl | Posted 05.25.2011

Read More: Principal Reduction, Bank of America, Wall Street, Economic Crisis, Wells Fargo, JP Morgan Change, National People's Action, Foreclosure, Bank Bonuses, Revenue Crisis, Business News

This holiday season will be a thin one for tens of millions of American families. Meanwhile the same big banks that sent the economy to its knees are on track for another year of record bonuses.

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Wall Street Weighs Early Bonuses To Save Under Bush Tax Cuts

New York Times | Posted 05.25.2011

Read More: Megabank Bonuses, Bank Bonuses, Banks, Wall Street, Tax Rates, Wall Street Bonuses, Christmas Bonus, Megabanks, Bush Tax Cuts, Holiday Bonus, Business News

Congress is debating tax rates, and that has Wall Street nervously eyeing the calendar. Worried that lawmakers will allow taxes to rise for the wealt...

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The Administration's "Pay Czar" Soft Pedaling Bank Bonuses as "Ill Advised." What Is This Man Talking About?"

Raymond J. Learsy | Posted 05.25.2011

Read More: Politics, Bankruptcy, Chicago Sun-Times, Fraudulent-Transfer, The Financial Fix, Financial Crisis, Pay Czar, Kenneth Feinberg, Bank Bonuses, Business News

Feinberg is permitting the $1.6 billion he identified as "ill advised" payments to sit cozily in bankers bank accounts, monies that could well be deemed taxpayer gratuities, and with Feinberg counting, one could well imagine the sums are far greater.

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Pay Czar To Banks: Give Back Your 2008 Bonuses

foxbusiness.com | Posted 05.25.2011

Read More: 2008 Financial Crisis, Goldman Sachs, Treasury Department, JP Morgan, Morgan Stanley, Wall Street, Financial Crisis, Pay Czar, Kenneth Feinberg, Bank Bonuses, Wall Street Bonuses, Executive Compensation, Citigroup, Business News

Pay czar Ken Feinberg is getting ready to stick it to Wall Street again, preparing to demand, or "claw back", bonus money that some banks paid out dur...

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