Tag:
Compensation Plan
Latest Headlines
Latest Headlines
Traders vs. bankers in 2011 compensation game
For good reasons, bankers may be sensing a big win in the compensation game for 2011.
Traders' pay would appear to be vulnerable right now. After a middling first quarter, the second quarter was downright horrible at a lot of top banks, including Goldman Sachs. And that will undoubtedly affect
FCIC head slams Citi over CEO pay
Bank boards have been under pressure lately to do a better job of paying their top executives. There has been a lot of handwringing about getting the appropriate mix of incentive pay and salar in order to produce maximum benefits for shareholders.
In the case of Citigroup, at least one critic-
Gender discrimination suit filed against Bank of America Merrill Lynch
Close on the heels of the "mommy track" suit against Goldman Sachs ( NYSE:GS ) and a female trader's suit against RBC Capital, three female financial advisors have filed suit against Bank of America Merrill Lynch ( NYSE:BAC ), alleging gender discrimination.
The lead plaintiff appe
Will the pay czar ruin Wall Street?
The threat of heightened regulation on executive pay and employee bonuses sparked a frenzied move by the industry to do whatever it could to repay its TARP funds--the idea being that only TARP banks would be subject to such regulation. Well, guess again. The latest is that the Obama Administration
