bonus watch

  • 09 Aug 2012 at 1:41 PM

Bonus Watch ’12: UBS

Numbers for first and second year analysts (who are not happy). Read more »

  • 02 Aug 2012 at 2:53 PM

Bonus Watch ’12: Wells Fargo Securites

Numbers for first, second, and third year analysts. Read more »

  • 31 Jul 2012 at 3:03 PM

Bonus/Layoffs Watch ’12: Barclays

The juniorest of mistmakers have received their numbers (and a little perspective). Read more »

  • 30 Jul 2012 at 11:30 AM

Bonus Watch ’12: RBC

Junior mistmakers at the Royal Bank of Canada received their numbers last week. Read more »

The bad news is that former Barclays chief operating officer Jerry del Missier is still out of a job and it may be some time before he gets a new one, on account of “investigations conducted by American and British authorities [demonstrating] he was a central figure” in the scandal du jour and “asked other bank officials to lower the firm’s submissions to Libor.” The good news is that Jer is still (probably) getting paid, unlike some people he knows. Read more »

Jefferies set aside $870 million in the first six months of its fiscal year, enough to pay its 3,809 employees an average of $228,407. Goldman Sachs set aside $225,789 for each of its 32,300 workers. Average pay for the 26,553 people in JPMorgan’s investment bank was $184,989, or at least 18 percent less than Jefferies’s and Goldman Sachs’s reported figures. It was 10 percent less than both in fiscal 2011…Goldman Sachs, run by Chief Executive Officer Lloyd C. Blankfein, 57, includes consultants and temporary staff when reporting headcount. Jefferies, which has been luring talent from larger rivals to expand in the wake of 2008’s credit crisis, tallies only full-time workers in its disclosures. Jefferies’s reported headcount would expand by 10 percent to 15 percent if the firm included temporary workers, said a person with direct knowledge of the figures who requested anonymity because the information isn’t public. While that would place the firm’s average pay per employee below Goldman Sachs’s, it still exceeds JPMorgan’s and Morgan Stanley’s.  [Bloomberg]

Just something to keep in mind. Read more »