BofA divided as bankers cry foul over special bonus treatmentInitially, the bank planned to apply the new pay structure broadly. But veterans in investment banking and trading revolted upon hearing th...
07 Feb, 2021, 09.43 AM IST
Dull deal market, falling rupee take a toll on investment bankers' bonuses for 2013Bonus for bankers goes for a toss as executives of global investment banks operating in India take a hit of as much as 25% in January.
27 Feb, 2014, 06.17 PM IST
Big bucks flowing in for MNC bankersCiti, JP Morgan, Morgan Stanley & Goldman Sachs have declared bonuses for 2009.
25 Jan, 2010, 03.18 AM IST
- Washington to enforce executive pay cuts
US President Barack Obama's administration will order cash salary cuts of 90 percent on average for top executives at firms that received s...
22 Oct, 2009, 03.32 PM IST
- Next Bank of America CEO must rebuild firm's image
Ken Lewis' legacy as CEO of Bank of America Corp will likely be determined by whether his successor can do what Lewis couldn't: prove that ...
01 Oct, 2009, 02.23 PM IST
- US pay cap may hurt Citi, BoA
Citigroup, Bank of America and smaller banks, seeking to attract talent and regain ground on stronger peers, may face a new obstacle from t...
30 Sep, 2009, 01.32 AM IST
- All business: How tough is the SEC?
US appears to be getting tough on corporate shenanigans, securing $83 mn in fines last week from BoA & GE for misleading investors. Top Acc...
09 Aug, 2009, 12.32 AM IST
- US recession takes toll on CEO pay in 2008
America's CEOs are taking a hit from the recession - less total compensation, smaller bonuses, nearly worthless stock options - but their c...
05 May, 2009, 06.17 AM IST
- Executive pay clampdown chills corporate America
Many experts feel that Obama administration's moves to rein in extravagant corporate pay could backfire. How the bailout adds up | Survive ...
22 Mar, 2009, 08.41 PM IST
- Citi spending millions on headquarters renovation
Citigroup is going through with more than $3 million worth of construction at its corporate headquarters in Manhattan.
20 Mar, 2009, 06.47 AM IST
- Obama blasts AIG, says he’ll try to block bonuses
Obama called AIG reckless and greedy Monday during a blistering attack in which he pledged to try to block the insurance giant from handing...
18 Mar, 2009, 03.14 AM IST
- Google's top execs get hefty bonuses
Four of Google Inc's top executives each received 2008 bonuses of more than $1.2 million for helping the Internet search leader eke out mod...
04 Mar, 2009, 11.47 AM IST
- Google's top execs get hefty bonuses
The bonuses disclosed in a regulatory filing were less than the awards doled out in 2007 when Google's profit rose 37 per cent, dwarfing 20...
04 Mar, 2009, 11.15 AM IST
- Google pays seven-figure bonuses to 4 top execs
Four of Google Inc.'s top executives each received 2008 bonuses of more than $1.2 million for helping the Internet search leader eke out mo...
04 Mar, 2009, 01.41 AM IST
- Wall Street's culture of entitlement hard to shake
John Thain, the ex-Merill Lynch chief, spent millions on his office decorations even as the firm was hemorrhaging money. Mantra in Year '09...
24 Jan, 2009, 04.54 AM IST
- No curbs on Wall Street pay despite meltdown
America's biggest banks are preparing to pay their workers as much as last year or more, including bonuses. Shrinking job market I Retain y...
25 Oct, 2008, 04.28 AM IST
- Indra Nooyi named Corporate America's 12th top-paid woman
Pepsico's India-origin chief Indra Nooyi is the 12th highest paid corporate woman in the US, as per a new list compiled by Forbes. Young Bi...
11 Sep, 2008, 07.45 PM IST