Bank Pay

JPMorgan Chase CEO: Newspaper Pay 'Just Damned Outrageous'

The Huffington Post | Bonnie Kavoussi | Posted 02.29.2012

Read More: Newspaper Pay, Newspapers, Video, Newspaper Salary, Journalism Salaries, Reporter Salaries, Journalism Pay, Newspaper Salaries, Bank Salaries, Jamie Dimon, Jamie Dimon Newspapers, Jamie Dimon JP Morgan, Journalism, Bank Pay, Newspaper Industry, Business News

The chief executive of the biggest bank in the United States says journalists are ridiculously overpaid. At the company's annual investor day, JPM...

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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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JPMorgan Chief Gets $19 Million Raise

Posted 06.08.2011

Read More: Jamie Dimon Pay, CEO Pay, CEO Salaries, Jpmorgan, Jamie Dimon Salary, Sec, Executive Compensation, Bank Pay, Business News

NEW YORK (By By Clare Baldwin and Jonathan Stempel) After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMo...

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Wells Fargo CEO Pulls In $17.56 Million

AP | Posted 05.25.2011

Read More: CEO Pay, John Stumpf, Executive Compensation, Bank Pay, Wells Fargo, John Stumpf Pay, Business News

NEW YORK — John Stumpf, the CEO of Wells Fargo & Co., received compensation valued at $17.56 million in 2010, a 6 percent decrease from 2009, accord...

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Wall Street's Average Bonus Falls, But Still Sky-High

Posted 05.25.2011

Read More: Thomas DiNapoli, Wall Street Pay, Executive Compensation, Bank Pay, Wall Street Bonus 2011, Wall Street Bonus, Business News

NEW YORK -- Wall Street paid an average cash bonus of $128,530 in 2010, down 9 percent from the previous year, as financial reforms prompted a shi...

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Barclays CEO: Time For Banks To Apologize Is Over

AP | ROBERT BARR | Posted 05.25.2011

Read More: Financial Crisis, Barclays CEO, Bob Diamond, Executive Compensation, Wall Street Pay, Wall Street Bonuses, Bank Pay, Barclays, Business News

LONDON — The time for apologies from banks is over, the chief executive of Barclays said Tuesday as he defended the large bonuses earned by some in ...

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Regulators Want To Take Back Billions From Failed Bank Execs

Posted 05.25.2011

Read More: The Financial Fix, Fdic, Bank Failures, Federal-Deposit-Insurance-Coproration, Bank Directors, Failed Bank Execs, Clawbacks, Sheila Bair, Wall Street Pay, Financial Regulation, Bank Pay, Bank Execs, Business News

WASHINGTON: U.S. banking regulators have authorized lawsuits against 109 bank officials so far as they seek to recover at least $2.5 billion in losses...

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Bank Pay Should Be More Transparent, Basel Group Says

Bloomberg | Jim Brunsden | Posted 05.25.2011

Read More: Business News, Eurozone, Wall Street Bounuses, Bank Pay, Bankers' Pay, Transparent Bank Pay, Business News

Bankers' pay should be more transparent to investors to prevent lenders from hiding policies that encourage irresponsible risk taking, global regulato...

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Goldman Sachs May Change Its Pay Practices To Deter Risky Bets

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Goldman Sachs Pay, Goldman Sachs, Wall Street Pay, Goldman Sachs Bonuses 2010, Bank Pay, Business News

WASHINGTON — Goldman Sachs Group Inc. will tie the bonuses of top executives more closely to the company's financial performance. The investmen...

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Wall Street Reform Bill Gives Regulators Power Over Pay -- Will They Use It?

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011

Read More: Executive Pay Issues, Executive Pay, Dodd-Frank, Financial Reform, Wall Street Reform, Wall Street Banks, Wall Street Pay, Executive Compensation, Financial Regulation, Bank Pay, Business News

That largely overlooked provision of the law gives federal agencies expanded powers to write regulations dictating pay at financial firms. How they ch...

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Wall Street Bonuses Expected To Rise This Year

abcnews.go.com | Jonathan Spicer | Posted 05.25.2011

Read More: 2010 Wall Street Bonuses, Johnson Associates, Wall Street Pay, Executive Compensation, Bank Pay, Wall Street Bonuses, Financial Reform, Business News

Wall Street bonuses likely will rise this year, despite the regulatory cloud hanging over compensation, as the financial sector recovers from recessio...

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Bank Bonuses Still Out Of Control

New York Times | Posted 05.25.2011

Read More: Fed, Bank Bonuses, Wall Street Crisis, Wall Street Bonuses, Economic Crisis, Federal Reserve, Kenneth Feinberg, Executive Compensation, Bank Pay, Megabanks, Pay Czer, Financial Crisis, Business News

Federal regulators reviewing the compensation policies of major banks are finding that the industry has not adequately adjusted its pay practices to r...

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Pay Czar: Kenneth Feinberg You're worth less than you think

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, Goldman Sachs Bonuses, Pay Czar, Bank Bonuses, Wall Street Pay, Kenneth Feinberg, Bank Pay, Video, Business News

In an interview with Kenneth Feinberg, the Obama administration's pay czar, The Hill leads with one highly intriguing anecdote. A Wall Street execut...

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Wall Street Bonuses Up 17%, Pay Hits 'Unprecedented' Level, Says NY State Comptroller Thomas DiNapoli

Posted 05.25.2011

Read More: CEO Pay, New York State Comptroller, Bailout, Thomas DiNapoli, Banks, Wall Street Bonuses, Wall Street Pay, Bank Pay, Wall Street Compensation, Business News

ALBANY, N.Y. (By Michael Gormley, Associated Press) - Wall Street bonuses were up 17 percent to over $20 billion in 2009, the year taxpayers bailed o...

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Barney Frank: SEC Should Make Banks Disclose Pay of Top Employees, Frank Says

bloomberg.com | Jesse Westbrook | Posted 05.25.2011

Read More: Wall Street Pay, Securities and Exchange Commission, Wall Street Bonuses, Pay Disclosure, Bank Pay, Barney Frank, House Financial Services Committee, Business News

Feb. 2 (Bloomberg) -- U.S. Representative Barney Frank said regulators should force companies to disclose compensation for their best-paid employees, ...

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Wall Street Pay: Banks Devise Ways To Skirt Compensation Cuts

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Goldman Sachs, Bank of America, Banks, Compensation, Wall Street Bonuses, Wall Street Pay, Bank Bonuses, Bank Pay, Citigroup, Business News

Don't shed a tear for seemingly cash-strapped Wall Street workers this year. This year's bonus season may, in fact, be surprisingly rewarding. Banks h...

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Bank Pay: Worst Performing Firms Pay Out Biggest

nytimes.com | ERIC DASH | Posted 05.25.2011

Read More: JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Wall Street Bonuses, Wall Street Pay, Bank Pay, Wall Street Compensation, Citigroup, Business News

A handful of big banks that are struggling in the postbailout world are, by some measures, the industry's most magnanimous employers. Roughly 90 cents...

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Barclay Bonuses To Be Deferred For Top Execs

AP | Posted 05.25.2011

Read More: Robert-Diamond, Bailout, Wall Street Pay, Executive Compensation, Barclays, Bank Pay, Barclays Bonuses, Business News

LONDON — Barclays is planning to defer bonuses for its highest-paid executives in hopes of quashing public outrage regarding pay for bankers, Br...

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Morgan Stanley

nytimes.com | GRAHAM BOWLEY | Posted 05.25.2011

Read More: Morgan Stanley Earnings, Morgan Stanley, Banks, Bank Bonuses, Wall Street Bonuses, Bank Pay, Business News

Despite the first annual loss in its 74-year history, Morgan Stanley earmarked 62 cents of every dollar of revenue for compensation, an astonishing fi...

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Goldman Sachs's Charity Rule: Bank May Force Execs To Donate Part Of Bonus

nytimes.com | LOUISE STORY | Posted 05.25.2011

Read More: Lloyd Blankfein, Bonus Season, Goldman Sachs, Charity, Bank, Financial Crisis, CEO Compensation, Bonuses, Wall Street Pay, Bank Pay, Wall Street Bonus, Business News

As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to...

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Bank Pay: Fed Proposes Guidelines On Compensation For The First Time

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Executive Compensation, CEO Pay, Wall Street Pay, Federal Reserve, Banks, Ben Bernanke, Bank Pay, Business News

WASHINGTON — The Federal Reserve would police banks' pay policies to ensure they don't encourage employees to take reckless gambles like those t...

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Bank Pay: Despite Pay Czar's Most Top Executives Have Left Bailed-Out Firms

washingtonpost.com | Tomoeh Murakami Tse and Brady Dennis | Posted 05.25.2011

Read More: Tarp, Wall Street Pay. Kenneth Feinberg, CEO Pay, Bailout, Merrill Lynch Bank of America, Aig, Banks, Pay Czar, Bank Pay, Citigroup, Business News

The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...

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'Daily Show' On Wall St. Bonuses: 'Banks Are Made Of Balsa Wood Held Together By Baby Tears' (VIDEO)

Posted 05.25.2011

Read More: Financial Crisis, The Dail Show, Bonuses, Wall Street Bonuses, Bank Bonuses, John Stewart, Bank Pay, Political Humor, Business News

Outrage at Wall Street bonuses hasn't escaped the folks at 'The Daily Show'. Jon Stewart took on the ballooning compensation in the financial sector o...

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Pay Restrictions May Not Fix Underlying Risk-Taking

Washington Post | Steven Pearlstein | Posted 05.25.2011

Read More: Wall Street Pay, Executive Compensation, Banks, Wall Street, Bank Pay, Business News

With financial markets booming even as Main Street is still largely mired in recession, policymakers in Washington on Thursday were scrambling to cont...

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Jiang Jianqing, CEO Of Top China Bank, Earned Just $234,000 Last Year

Reuters | Steve Eder | Posted 05.25.2011

Read More: CEO of World's Largest Bank, CEO Pay, Jian Jianqing, Bank Pay Worldwide, Industrial and Commercial Bank of China, Bank Pay, Business News

NEW YORK (Reuters) - You wouldn't know it by his pay stubs, but Jiang Jianqing heads the world's largest bank....

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