Pay and Bonuses
Trading giant Jane Street boosts average UK staff pay to $1.3m
US-based firm hiked UK staff pay 61% last year
Credit Suisse bankers could have bonuses blocked again as Swiss politicians mount legal challenge
Up to 1,000 Credit Suisse bonuses were set to receive outstanding bonuses cancelled by the Swiss government in 2023 after a court win, but politicians are fighting back
2 min read
How much did CEOs at SJP, Rathbones and Quilter earn last year?
Catch up on the top news in wealth management this week
3 min read
Ex-City minister backs bonus cap cut as government pushed to go faster on growth
Bim Afolami joins the Lord Mayor and others in calls to slash red tape
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Who are the UK’s highest paid wealth bosses?
Chief executives at SJP, Quilter and Rathbones enjoyed a pay bump in 2024 but still lag Wall Street’s wealth bosses
5 min read
TP ICAP boss secures £2m pay package boost despite proxy criticism
City broker hands bigger pay deal to long-serving CEO Nicolas Breteau
3 min read
Credit Suisse bonus ruling could see 1,000 bankers handed payouts
A Swiss court has ruled the government’s move to permanently curtail Credit Suisse banker bonuses was unlawful
2 min read
Citigroup increases bonuses for top UK investment bankers to $680k
The Wall Street bank has hiked average payouts for its material risk takers in the UK after improved revenue
2 min read
Barclays hikes CEO’s maximum pay to £14.3m
Shareholders wave through overhaul to CS Venkatakrishnan’s pay
2 min read
JPMorgan hikes bonuses for top UK investment bankers to $974k
The Wall Street bank increased average payouts to key UK employees by 19% last year
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Goldman Sachs wins shareholder vote over $80m executive bonuses
CEO David Solomon and president John Waldron set for bumper retention deals
2 min read
Morgan Stanley hikes bonuses for top UK investment bankers by 67%
The Wall Street bank has paid its material risk takers an average of £1.5m after a bumper 2024
Big bonuses see women fall further behind men at Wall Street investment banks
Investment banks paid out bigger bonuses in 2024, and men have benefited more than women
Dubai’s finance sector has boomed. Now it needs regulators
In high demand, compliance staff are tripling their salaries as the UAE rolls out the red carpet
Banks lock in key staff with big retention bonuses as private credit circles
Senior investment bankers are being offered lucrative pay packets that will keep them at their firms for years. Can they stave off the appeal of private credit and private equity?
The legal pay boom is not over
Catch up on this week’s top legal news
2 min read
A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’
Ekué speaks to Financial News in his first sit-down interview since A&O’s mega-merger with Shearman & Sterling last year
2 min read
Citi hands banking boss Raghavan $22.6m as ex-JPMorgan dealmaker looks to bolster returns
Raghavan was the second-highest paid executive at Citi last year
2 min read
Kirkland & Ellis partner pay hits $9.2m
The law firm’s average equity partner profit passed $9m for the first time
1 min read
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
2 min read