Bank bonuses

Wall Street bonuses expected to hit record as bank profits surge

[NEW YORK] The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring stocks and a return to more dealmaking after a long drou...

In March, the upper house of parliament voted in favour of the Bill to cap salaries of top executives at Swiss banks including UBS Group.

Swiss banker bonus cap proposal watered down in parliament

Executive compensation has become a hot button issue for Swiss politicians in recent years, especially after the demise of Credit Suisse

The new forecast follows an upbeat second quarter on Wall Street, where traders saw record revenue as uncertainty around tariffs and tax policy drove a surge of activity across the stock market.

Wall Street bonus pool to grow as bank revenue boosted by rally

After a tepid start to the year, investment bankers, hedge-fund employees and asset-management professionals are now poised to see higher year-end incentive pay in 2025

Julius Baer said the changes, which are pending board approval, would “preserve the essence of our framework, as we pay for performance and want to attract the best talent.”

Julius Baer seeks to cut bonuses of bankers with risky books: sources

The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps

Citi’s back office has long been considered a weakness for the Wall Street bank, which has invested heavily to fix its problems as part of a larger revamp initiated by CEO Jane Fraser.

Citigroup slashes executive bonuses tied to bank’s turnaround

The bonuses follow a 33 per cent increase in total annual compensation for Fraser – the biggest bump among the CEOs of the six largest US banks

Morgan Stanley, which is among Asia’s largest equities deal fee earners, has told some top bankers in Asia their bonuses will be around 40 per cent higher this year compared to 2024, sources said.

Morgan Stanley’s bonus payouts for star Asia bankers to jump by up to 50%

MORGAN Stanley’s top-performing investment bankers and traders in Asia will see up to a 50 per cent increase in bonuses due to robust business growth and a low-base effect of last year, according to t...

HSBC told managers that the revamp would take until June 2025 to pull off, and while the total cost saving is still a work in progress, executives hope the work will help them shave off at least US$3 billion in expenses.

HSBC warns of bonus cuts as cost of restructuring looms

HSBC Holdings is set to buck an industrywide trend of higher banker bonuses as it gears up for a multibillion-US dollar cost reduction from an ongoing restructuring.

Wall Street’s year-end rewards are notoriously volatile as the industry cycles through booms and busts.

Wall Street bonuses to jump by double digits at big banks

ATOP Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases since the pandemic, with 10 per cent hikes – or more – coming...

Some 4,000 junior employees of OCBC or close to 40% of the staff based here will receive S$1,000 each.

OCBC, UOB to pay out second cost-of-living bonuses for junior staff

Eligible employees will receive the payments by April 2025

Barclays has enjoyed a strong year as activity in markets improved and CEO CS Venkatakrishnan ploughed ahead with a multi-year plan to boost returns.

Barclays annual bonuses expected to increase as much as 20%

BARCLAYS is set to increase annual bonuses by as much as 20 per cent in its investment bank after an improved year for traders and advisory teams.