bonuses
Wall Street bankers will get bonus bonanza for second straight year
Johnson Associate predicted chunkier pay-outs last year after the US economy began to roar back into life after three years of COVID-inspired, debt-laden economic malaise
Wall Street workers poised for bonuses to spike as much as 30% — bucking dire warnings
Those who trade bonds and other fixed-income products are also expected to get raises, though smaller ones of 10% to 20%.
Trader sues hedge fund for refusing to pay bonus — after he allegedly generated 97% of firm's revenues: docs
Robert Gagliardi, a block trading specialist with the nickname “Gags,” alleged Evolution Capital Management acted in bad faith by refusing to pay him a $7.5 million bonus.
PSE&G execs on LI rake in fat bonuses — as firm fails half the year's goals and is under state probe
Long Island’s embattled energy provider PSE&G is under state investigation over alleged outside influence in key grid-management decisions — but that hasn't stopped its top bosses from cashing in.
Macy's clawing back execs' bonuses linked to accounting scandal caused by rogue worker
Macy's overpaid an undisclosed number of executives by $609,613 and wants the money back now.
Goldman Sachs ripped over 'excessive' bonuses for CEO David Solomon, his No. 2 exec: 'Poor practice'
Goldman Sachs is catching fresh heat over massive bonuses it has pledged to CEO David Solomon and his No. 2 executive John Waldron.
UK giant HSBC cans bankers on bonus day
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses -- and denied giving them their annual...
Wall Street bonuses hit record $47.5B in 2024 — with each banker earning average $245K payout
That is up 34% from last year’s bonus pool of $35.4 billion and the highest number since records began in 1987.
Meta approves massive bonuses for executives — days after slashing 5% of workforce
The company’s executives could now earn a bonus representing 200% of their base salary, up from 75%, according to the filing.
Goldman Sachs staffers fume over paltry bonuses after CEO David Solomon's eye-popping $39M payout
“When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.”
Goldman's David Solomon toasts 63rd birthday with $39M payday
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Barclays fires over a dozen bankers, traders before Christmas — without giving them bonuses: sources
The scrooges at Barclays canned 15 Wall Street workers out of the roughly 50 it pink-slipped last month, two sources with close knowledge of the situation said.
Starbucks slashes holiday bonuses 40% as coffee chain suffers worst year since pandemic: report
Many of the coffee chain’s corporate workers will only be paid 60% of their overall bonuses, according to a report.
Fat cat Wall Street bankers set to rake in bumper bonuses in 2024: study
New York bankers are expected to pocket bonuses as high as 35% as Wall Street deal-making roared back to life after the economic malaise after the COVID pandemic.
Goldman Sachs adds most partners to 'Wall Street's most exclusive club' since 2010
The announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.
Goldman Sachs to promote biggest partner class since CEO David Solomon took helm
The new partners will enjoy a base salary of nearly $1 million a year, but they can take home multiples of that sum once other compensation such as bonuses and...
Wall Street bonuses expected to jump in 2024 after staying flat last year
The Comptroller's report said it expects bonuses to bounce back after they stayed relatively flat last year.
Goldman Sachs set to fire more than 1,300 employees: WSJ
The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank's ongoing review to cull poor performers, the Wall Street Journal reported.
Bare minimum: 911 workers in DC are getting $800 bonuses — just for showing up
Staff at Washington, DC’s 911 call center have been offered an $800 monthly bonus to show up for all of their scheduled shifts, the agency announced.
Wall Street bonuses could surge by up to 35% in 2024 as deal-making rebounds: report
Johnson Associates, a consultancy that tracks compensation at major financial firms, said debt underwriters would be the biggest winners by the end of this year,