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banker pay

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Latest Headlines

Revenue drought's effect on pay

Is the frenzy about reducing banker pay a short-term phenomenon? Will pay return to stratospheric levels once industry returns to a higher level of profitability?

Gorman vs. Moynihan on employees

Morgan Stanley CEO James Gorman took a hard line on employees who were miffed about their declining compensation. On Bloomberg Television , he said his message would be: “You’re naive,...

Bank of America CEO gets big stock options grant

In first year on the job as CEO of troubled Bank of America, Brian Moynihan was paid handsomely. His base salary was $950,000 and will remain the same. But he got a restricted stock grant worth a

CEO pay much higher in United States than in other countries

As the G20 meeting gets underway, there's a lot of talk about financial reform. Whether anything of substance will actually flow from this high-profile confab is anyone's guess, though there are many