[ad_1] Top Credit Suisse Group AG executives will have outstanding bonuses canceled or cut by up to half, in a step ordered by the Swiss government following the state-backed takeover…
Tag: Bonuses
Swiss financial watchdog wants to examine clawing back bankers’ bonuses
[ad_1] A Swiss flag is pictured above a logo of Credit Suisse in Bern, Switzerland, Nov 15, 2023. REUTERS/Denis Balibouse/File photo ZURICH – Switzerland’s financial regulator wants to discuss the…
Opinion | Bonuses linked to exercise and BMI are a step too far
[ad_1] “A company can last long when its employees are healthy,” said Lin Zhiyong, the company’s chairman, who is an avid mountain climber and who reached the summit of Mount…
The 13th month: Where in Europe do employers give Christmas bonuses?
[ad_1] The festive period is a notorious strain on the purse strings, but in some European countries, employers are legally obliged to dish out bonuses. ADVERTISEMENT The 13th month is…
Twitter violated contract by failing to pay millions in bonuses, US judge rules
[ad_1] WASHINGTON — Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal…
Wall Street’s Tepid Bonuses for Traders Lumber Into Another Year
[ad_1] Wall Street’s dramatic year of dealmaking drought, collapsing banks and job cuts is ending with a mere whimper for traders’ bonuses. At JPMorgan Chase & Co., the overall bonus…
Bureau of Prisons cuts retention bonuses at Thomson Prison
[ad_1] Staff at Thomson Prison learned Monday morning the Bureau of Prisons will no longer provide them a 25% retention bonuses after Dec. 31, 2023. Retention bonuses for Thomson staff,…
Bank Bonuses Climb 9% in Canada, at Odds With Bay Street Blues
[ad_1] Canada’s largest banks set aside 9% more on average for bonuses in fiscal 2023 than they did a year earlier, with increases at all six companies despite a broadly…
ANALYSIS-Job cuts, lean bonuses loom over Europe’s bankers in 2024
[ad_1] A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of London to Frankfurt’s ‘Mainhattan’ financial district. Even rainmakers…
Exclusive: Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
[ad_1] NEW YORK, Nov 14 (Reuters) – Goldman Sachs (GS.N) bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to win over…