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Banker Bonuses

Mark Gongloff

Banker, CEO Pay Largely Responsible For Rising Inequality: Study | Mark Gongloff | Posted 06.21.2013 | Business

In a recent defense of the 1 percent, Harvard economist Greg Mankiw admitted it might be bad if the rich got richer by sucking cash from the economy w...

Mark Gongloff

Bankers Agree They Get Paid Way Too Much: Survey | Mark Gongloff | Posted 06.06.2013 | Business

If you are like 99.999 percent of humans, then you make much, much less money than bankers. You are likely aware of, or even angry about, this. But yo...

Wall Street Bonuses To Rise

Reuters | Posted 07.19.2013 | Business

NEW YORK, May 17 (Reuters) - Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, accordi...

Federal Reserve Fights To Change Deeply Ingrained Wall Street Habit

Reuters | By Lauren Tara LaCapra | Posted 03.22.2013 | Business

NEW YORK (Reuters) - The Federal Reserve is pushing banks to ignore competitors' performance when awarding bonuses, and focus squarely on their own pr...

CEO's Pay Rises In Face Of Strict New Rules

Reuters | Posted 05.22.2013 | Business

* Pay for Brady Dougan up one third to 7.77 mln Sfr * Robert Shafir is top earner with 10.59 mln Sfr * Chairman Rohner s...

Mark Gongloff

OMG: Truly Clueless Money Saving Advice From Bankers | Mark Gongloff | Posted 03.21.2013 | Business

Hello, average American. If you're anything like me, and why wouldn't you be, then you worry constantly about money. Fortunately for us, eFinancia...

What Wall Streeters Are Willing To Do When You Cut Their Precious Bonuses

The Huffington Post | Harry Bradford | Posted 03.15.2013 | Business

News flash: Apparently some Wall Street workers are only in it for the money. In 2012, 41 percent of Wall Street workers admitted to being ready to...

Bankers In Europe Now Face The Strictest Pay Rules In The World

Reuters | Posted 04.30.2013 | Business

* One-of-a-kind ceiling on bonuses likely to affect London most * To cap bonus at 100% of salary, or 200% if shareholders agree ...

Goldman Staffers Are Probably Panicking Right Now

Reuters | Posted 03.18.2013 | Business

By Lauren Tara LaCapra Jan 17 (Reuters) - Top executives at Goldman Sachs have been considering deep cuts to staffing levels and pay ...

Wall Street Braces For Bonus Pain

Mark Gongloff | Posted 03.18.2013 | Business
Mark Gongloff

Hey, guys, it's Bonus Week on Wall Street! So why is everybody all sad and anxious?

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

The Huffington Post | Alexander Eichler | Posted 05.09.2012 | Business

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...

Don't Worry, Guys, Wall Street Salaries Went Up Last Year

The Huffington Post | Alexander Eichler | Posted 04.04.2012 | Business

Ask many of those on Wall Street, and they'll tell you of an industry grappling with a terrible state of affairs. But for those lucky enough to have k...

Where Is Jamie Dimon When You Need Him?

Dennis M. Kelleher | Posted 04.17.2012 | Business
Dennis M. Kelleher

Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.

As Bonuses Roll In, Wall St. Workers May Be Forced To Adjust To New Normal

The Huffington Post | Jillian Berman | Posted 01.11.2012 | Business

On Wall Street, there's some feeling that things just aren't what they used to be. The industry that many allege played a fundamental role in the f...

Wall Street Pay On Track To Break Records Again

The Huffington Post | Jillian Berman | Posted 01.23.2012 | Business

While many Americans will be squeezing as much as they can out of falling incomes to provide gifts this holiday season, some on Wall Street may be get...

Wall Street Employees Getting Smaller Bonuses This Year: Survey

The Huffington Post | Alexander Eichler | Posted 01.08.2012 | Business

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 ...

Shahien Nasiripour

Europe's Top Financial Cop: White House Not Doing Enough To Curb Banker Bonuses | Shahien Nasiripour | Posted 08.01.2011 | Business

WASHINGTON -- The U.S. isn't doing enough to curtail excessive banker bonuses, Europe's top financial regulator told the Obama administration in a rec...

BofA Banker Bonuses Down, But Cash Awards Up

Posted 05.25.2011 | Business

CHARLOTTE, North Carolina (By Joe Rauch) - Senior investment banking executives at Bank of America Corp will likely see as much as 80 percent of their...

Bankers Worldwide Brace For 7 Percent Drop In Bonuses

Posted 05.25.2011 | Business

From Wall Street to the City of London to Hong Kong's Central District, bankers are bracing for bonuses to be down 7 percent on average from a year ag...

WATCH: Colbert Finds The Credit Card Of A Goldman Sachs Partner

Posted 05.25.2011 | Business

On Monday night Stephen Colbert revealed that he'd found the credit card of a partner at Goldman Sachs. He opens the report by saying, "This season ...

Whither Obama's "Economic Agenda:?" Will it Speed Recovery?

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

As we move into a coming Congressional recess, the Obama Administration has shifted its focus back on to the economy and wants to convince one and all that an economic recovery is just around the corner.

Millions of Jobless, Billions for Bankers: The Fed Must Act Now

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The Federal Reserve, and ultimately our elected officials, have a choice: Realign bonuses so that bankers become bankers again, or let the United States become the world's haven for greed gone wild.

WARNING: This Video Is Only For People Who Work On Wall Street

Lee Camp | Posted 05.25.2011 | Comedy
Lee Camp


The Obama Version of Meritocracy

Susan Ohanian | Posted 05.25.2011 | Politics
Susan Ohanian

Every time you hear Obama/Duncan talk about improving teacher quality, think about Obama's defense of banker bonuses in this interview with Business...

Bonus Busters: Make Wall Street Pay It Back!

Beth Arnold | Posted 05.25.2011 | Business
Beth Arnold

At the very least, we can vent as a community. We can come together in collective discontent to put pressure on the blood-suckers.