bonus watch

Looking ahead to next year’s bonus already? No? Well management at the Royalest bank at Scotland is and they’d like everyone to start managing their expectations now- count yourself lucky if they continue letting you into the building. Continue reading »

They may not have made much money, and in fact comp was down, but almost all of whatever came in they gave back, unlike the cheap pricks at Banco Santander. Continue reading »

Assuming the last quarter is an indication of the next three and- fingers crossed- nothing goes catastrophically wrong, JPMorgan employees may be looking at raises next year. Continue reading »

  • 22 Mar 2011 at 3:14 PM

Bonus Watch ’11: HSBC CEO

Can you name the CEO of HSBC? Could you rattle off a list of his favorite foods, like you could with Lloyd, or the girl he lost his virginity to, like you could with JD, which is to say, do you treat him like a celebrity you have a moderate to major obsession with (or just some banker)? No and no? That might’ve hurt Stuart Gulliver’s ego in another time and place (like last year when he got paid a 2.9 million-pound bonus) but now his tears are dried by the 13.3 million pounds ($22 million) compensation package he’s set to receive. Continue reading »

In assessing his performance this year, Oswald Gruebel said he added no value. Continue reading »

Apparently the French have some unhappy employees, who didn’t know they were contractually entitled to nothing, on their hands. Continue reading »

Oh sure, total compensation was up on average but cash bonuses took a nice hit. Want to explain to Lloyd Blankfein et al how they’re supposed to strip naked and roll around in a bunch of company stock? Continue reading »