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Executive Compensation Bonuses

  • MILAN, March 30- Three employees of BT Group's Italian unit warned their Madrid- based supervisor in November 2015 about possible accounting problems at BT Italy, one of the three said, a year before the phone company revealed financial irregularities at the division. BT, one of Britain's oldest companies, said last October it had discovered "inappropriate...

  • *Credit Suisse CEO Thiam received 11.9 mln Sfr for 2016. ZURICH, March 24- Credit Suisse Chief Executive Tidjane Thiam's pay for his first full year in the job swelled to 11.9 million Swiss francs, while bonuses rose 6 percent despite back-to-back annual losses at Switzerland's second-biggest bank. Executive pay is a hot-button issue in Switzerland, with voters...

  • NEW YORK, March 15- Wells Fargo& Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bonuses in light of an accounts scandal that rocked the bank last year, according to a proxy filing on Wednesday. He took over after his predecessor, John Stumpf, resigned in light of...

  • NEW YORK, March 15- Wells Fargo& Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bonuses in light of an accounts scandal that rocked the bank last year, according to a proxy filing on Wednesday. He took over after his predecessor, John Stumpf, resigned in light of...

  • NEW YORK/ FRANKFURT, March 14- Deutsche Bank is replacing its U.S. chief Bill Woodley with the global head of its stock-trading business, Thomas Patrick, people close to the matter said, in a sign of its intent to restructure its Wall Street business. The bank announced earlier this month that Chief Executive John Cryan would personally oversee the bank's U.S....

  • BERLIN, March 9- Volkswagen plans to scrap bonus payments for members of its supervisory board, it said on Thursday, the latest sign of belt-tightening as the German carmaker grapples with the cost of its emissions scandal. Supervisory board members have agreed to accept only fixed salaries in future and scrap bonuses, a spokesman said, citing a proposal by the...

  • Google's Waymo staffers quit after multimillion-dollar paychecks

    Long-time workers of the company's car project leave after huge pay.

  • Feb 10- Former American International Group Inc Chief Executive Maurice "Hank" Greenberg admitted to his involvement in two fraudulent reinsurance deals as part of a settlement of an accounting fraud lawsuit, New York Attorney General Eric Schneiderman said on Friday. The lawsuit was brought in 2005 after AIG said it had engaged in certain improper...

  • Spend your year-end bonus in smarter ways

    Experts suggests using the extra income to tackle debt or beef up your emergency fund.

  • Deutsche Bank's proof is in the pudding: Analyst

    Gildas Surry, partner at Axiom Alternative Investments, discusses Deutsche Bank's unexpectedly positive third-quarter earnings.

  • One of the U.K.’s best-known fund managers has scrapped bonuses at his investment management firm, saying there is little correlation between bonuses and performance.

  • Wall Street

    Bonuses in the Big Apple’s securities business tumbled 9 percent to $146,000 on average, New York’s comptroller found. Earnings fell, too.

  • Wall St. bonuses drop

    CNBC's Mary Thompson reports that as corporate profits have fallen since 2014, Wall Street average bonuses have also dropped for the second year in a row.

  • Should you expect a holiday bonus?

    Only 24% of companies offer nonperformance-based bonuses at the end of the year.

  • Wall Street Bonus pay to fall

    Year-end compensation for workers in the financial industry will fall up to 10 percent.

  • TCS: 'It's been a good quarter'

    N Chandrasekaran, MD & CEO of Tata Consultancy Services, discusses the better-than-expected net profit for the last fiscal year and explains the motivation behind the one-time bonus for employees.

  • Wall Street New York Stock Exchange NYSE

    Compensation rose even as pretax profits at broker-dealer operations of NYSE member firms fell.

  • Wealth businessman money bonus

    U.K. financial sector professionals will have received over £100 billion in bonuses since the beginning of the financial crisis by the end of March. But could hefty bonuses be a thing of the past?

  • The bonus debate wages on...

    Luke Hildyard, deputy director of the High Pay Centre, says that all companies should be made to reveal what their executives get paid.

  • Woman holding shopping bags

    Savvy investors plan to spend 2014 bonus checks, according to an E*Trade survey, but only some have really earned the right to do that.