Bonus Watch '15: Goldman Sachs > Morgan Stanley > Bank of America
Goldman Sachs Group Inc. directors got the biggest bonuses in London this year with an average payout of 194,000 pounds ($299,000), 24,000 pounds more than second-ranking Morgan Stanley, according to Emolument.com. Bank of America Corp. ranked third among the 15 investment banks, paying directors an average bonus of 166,000 pounds, the salary benchmarking site said in a statement on Wednesday. Credit Suisse Group SA’s 135,000-pound average bonus made it the most generous European bank in sixth place, while ING Groep NV and Societe Generale SA ranked last, paying 91,000 pounds. [Bloomberg]