Bonuses
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living...
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.Staff in Barclays’...
Asia-Pacific bankers expect their 2025 bonuses to jump 52.3%: survey
FINANCIAL service professionals in Asia-Pacific (Apac) are one of the most optimistic about their bonuses in 2025, with expectations that it will go up by 52.3 per cent, according...
Citigroup awards special retention bonuses for dozens, Bloomberg News reports
CITIGROUP’S wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported...
Citigroup lifts pre-Brexit cap on top London bankers’ bonuses
CITIGROUP is lifting the limit on some of its top UK bankers’ and traders’ bonuses, following in the footsteps of rivals like JPMorgan Chas and Barclays.
The change will...
Barclays joins rivals in scrapping cap on top banker bonuses
BARCLAYS is removing an EU-era limit on some of its top bankers’ and traders’ bonuses, joining rivals Goldman Sachs Group and JPMorgan Chase in ditching the cap.
The change will...
Bonuses shrink at global banks in Japan despite booming markets
BOOMING markets in Japan have swelled the workload for international bankers in Tokyo but one thing has not changed – stubbornly low pay. Compensation in many cases remains a...
Wall Street bonuses decline slightly amid an influx of bankers
THE average Wall Street bonus dropped slightly last year as banks kept compensation reined in amid an ongoing deal slump and the number of employees working in the securities...
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