Pay and Bonuses
Investment banks fear dealmaker exodus despite 15% bonus hike
Increases in bonus payments are expected across investment banking in 2025
Trading giant DRW boosts pay and headcount in London
The US-based firm paid UK staff an average of £370,883 last year
2 min read
IQ-EQ pay row revealed in tribunal
The case comes as Astorg gears up to sell the fund services giant
2 min read
Linklaters partner pay tops £2m as firm eyes further US expansion
The Magic Circle law firm says it hasn’t ‘scratched the surface’ of opportunities in the US and plans to continue its New York hiring spree
3 min read
Asset managers mull pay war with alts firms
Some asset managers are considering new remuneration structures to secure and retain the best alternatives talent amidst intensifying competition
3 min read
Why London remains ‘mission critical’ for global law firms
FN’s list of leaders in the sector includes several London heads
3 min read
HSF Kramer boosts newly qualified lawyer pay to £145,000
Herbert Smith Freehills Kramer hikes junior lawyer salaries by 7% as it inches closer to the Magic Circle law firms on pay
2 min read
Nomura hands wholesale boss Willcox $15m pay after profit surges
British banker’s pay up 25% to almost double CEO’s
2 min read
Peel Hunt bosses lose out on bonuses for third year straight
City investment bank has struggled to return to profit after dearth of IPOs
2 min read
Trading giant Jane Street boosts average UK staff pay to $1.3m
US-based firm hiked UK staff pay 61% last year
2 min read
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
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
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
TP ICAP boss secures £2m pay package boost despite proxy criticism
City broker hands bigger pay deal to long-serving CEO Nicolas Breteau
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
2 min read
Goldman Sachs wins shareholder vote over $80m executive bonuses
CEO David Solomon and president John Waldron set for bumper retention deals
2 min read