Elie Mystal, Abovethelaw.com editor, and David Lat, AbovetheLaw.com founder & managing editor, discuss why law firms will be trimming bonuses this year.» Read More
Things that come in little blue boxes: priceless.
Employees of MF Global's British offices may have received their quarterly bonuses last Monday, just hours before MF Global filed for chapter 11 bankruptcy in New York, The Telegraph is reporting.
Did the bonus system on Wall Street cause the financial crisis? Are bonuses still putting our financial system at risk?
Nearly $13 million dollars in bonuses will be paid to executives at Fannie Mae and Freddie Mac. CNBC's Eamon Javers has the details, with Andrew Stoltmann, Stoltmann Law Offices partner.
As the days grow shorter, Wall Street brokers, bankers and traders typically begin to anticipate their bank accounts growing fatter.
CNBC's Mary Thompson has the story on big name CEOs receiving big money in the form of stock options.
Britain’s banks will face an annual bill of as much as £6 billion ($9.5 billion) to comply with the reforms of the Vickers Commission, according to the panel’s final report, published on Monday. The FT reports.
As Wall Street cuts bonuses and raises base salaries instead, banks are looking at layoffs more often to cut costs when profits fall.
Chief executives of FTSE 100 companies saw their median earnings soar 32 percent to £3.5 million last year, prompting complaints that rewards are out of line with share prices and employees’ pay.
The FT reports future bonus and dividend payments by UK banks will depend upon convincing regulators the handouts will not dent capital reserves or undermine sound risk management, according to the head of the city watchdog.
A look at the salaries Navy Seals get from the government, with Todd Harrison, CSBA.
Britain’s banks will argue that they are subject to some of the world’s toughest rules on bonuses and that tougher transparency rules could undermine the UK’s competitiveness. The FT reports.
Is UBS losing its best bankers? According to a story today, the big bank's best talent is walking out the door. Douglas Sipkin, Ticonderoga Securities, LLC with his perspective.
The hottest topic during this proxy season is shareholders having a say on pay, with Ralph Walkling, Drexel University professor. Also, a discussion about some of the highest paid CEOs in the country and some of their golden parachutes.
There's a lot of interest in executive compensation this year, particularly at companies that received TARP money, reports CNBC's Mary Thompson. Shareholders are also looking for political contributions and majority votes for directors.
One of the biggest issues this season is executive compensation. Investors now have a say on pay every one, two or three years, with CNBC's Mary Thompson.
Ten years ago, when the hedge fund industry was much smaller than it is today, it took 25 hedge fund managers to earn a combined annual payday of $5 billion. Last year, it took only one, the New York Times reports.
Royal Bank of Scotland has awarded chief executive Stephen Hester £4.45 million of shares in a new long-term incentive package, bringing his total pay for 2010 at the state-backed bank to a maximum of £7.75 million.
You want another sign that we're in a new financial bubble? Here you go: drunk traders bragging about bonuses and buying ridiculous toys.
Delays in the announcement of the bonuses at UBS were not due to executives' unhappiness about the size of the bonus pool, UBS CEO Oswald Gruebel told CNBC Tuesday.