Post Tagged with: "Bonuses"

Fearful for bonuses, Deutsche Bankers are finding other options
by / on 03/09/2018 at 13:00 / in The Review

Fearful for bonuses, Deutsche Bankers are finding other options

It’s not just Tadhg Flood. – Deutsche Bank’s co-head of global financial institutions group (FIG) banking might be the latest to leave (for Centerview Partners) but the ongoing outflow of senior talent from Deutsche Bank suggests his exit is symptomatic of a trend. As we’ve noted several times this month, exits from DB seem to be gathering pace. Flood’s FIG team was fragmenting even […]

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Where the worst Wall Street bonuses will be this year
by / on 10/01/2018 at 23:40 / in The Review

Where the worst Wall Street bonuses will be this year

While most banks haven’t yet announced their 2017 bonus payouts or fourth-quarter results, those announcements are coming soon to Wall Street. Some bankers are looking forward to cashing what they assume will be a hefty check, while others are filled with trepidation, interpreting the tea leaves to mean that they are in for a major disappointment. Based on what we […]

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Another bank announced bonuses. But there’s a catch
by / on 25/12/2017 at 19:00 / in The Review

Another bank announced bonuses. But there’s a catch

As the end of year approaches, more banks are divulging bonuses. The latest to go is Berenberg in London. As at RBC last week, Berenberg’s London bonuses seem surprisingly acceptable (given dire predictions for the sell-side). They are also paid entirely in cash, but… there’s a sting in the tail. German-based Berenberg is a partnership 30% owned by the Berenberg […]

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Hong Kong investment bankers quietly “hopeful” about 2017 bonuses
by / on 09/11/2017 at 00:30 / in The Review

Hong Kong investment bankers quietly “hopeful” about 2017 bonuses

Hong Kong investment bankers working for global firms are more upbeat about their bonus prospects than they have been for years, say headhunters and bankers. “The hope is that bonuses will be better than they have been for the past five years,” says Nick Green, a partner at headhunters Odgers Berndtson. “Market sentiment in Hong Kong is a lot more […]

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Forget the trading slump, Wall Street bonuses are set to rise this year
by / on 30/10/2017 at 18:00 / in The Review

Forget the trading slump, Wall Street bonuses are set to rise this year

While most large investment banks are battling weaker fixed income revenues and continued pressure to cut costs, Wall Street as a whole has something to celebrate – barring any sudden downturn in the final quarter, there will be more jobs in securities industry in New York than at any point since before the financial crisis, and bonuses are on the […]

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The big problem with big bonuses for hedge fund managers
by / on 10/04/2017 at 11:45 / in The Review

The big problem with big bonuses for hedge fund managers

Hedge fund managers chase big bonuses with the same enthusiasm as a labrador slobbering after a tennis ball, but the relentless pursuit of individual compensation is bad news for investors, employers and the hedge fund sector generally. Portfolio managers and traders are more like to take “excessive” levels of risk in order to bolster their own pay, suggests a new piece […]

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Perella Weinberg said to pay giant bonuses to London juniors
by / on 02/02/2017 at 11:00 / in The Review

Perella Weinberg said to pay giant bonuses to London juniors

Wild excitement at Perella Weinberg! We understand that the M&A boutique has given London staff their 2016 bonus numbers and that they’re a) huge and b) the bonuses are being paid entirely in cash. In the light of the new numbers, recruiters say some vice president (VPs) at Perella are now on total compensation of £500k ($631k), while associates are on £300k […]

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Terra Firma has chopped bonuses for juniors, cut pay by 50%, but will buy you a house in London
by / on 17/01/2017 at 22:15 / in The Review

Terra Firma has chopped bonuses for juniors, cut pay by 50%, but will buy you a house in London

Terra Firma has taken a radical approach to ensuring that it doesn’t attract graduate applications from the sort of cookie cutter recruits that apply to large investment banks – it has cut salaries and eliminated cash bonuses for the first five years of a new employees’ tenure. Now, starting salaries for those joining its graduate programme are £35k ($42.6k) – […]

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Do Conservative Managers Give Smaller Bonuses to Women?
by / on 27/12/2016 at 13:15 / in Harvard Business Review

Do Conservative Managers Give Smaller Bonuses to Women?

Every year, Len and Cal — two thoughtful partners in a law firm — have to evaluate a handful of direct reports and assign them end-of-year bonuses. Both Len and Cal take this responsibility very seriously, as their decisions are consequential for their subordinates and their firm. In most respects the influences on Len’s and Cal’s decision making appear similar: […]

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What you need to know about 2016 Hong Kong banking bonuses
by / on 30/11/2016 at 13:00 / in The Review

What you need to know about 2016 Hong Kong banking bonuses

Bonuses for 2016 will be worse than last year at global banks in Hong Kong, but money is still being ringfenced to reward top rainmakers. “Bonus pools will be down 10% overall,” says Christian Brun, managing partner of search firm Wellesley Partners in Hong Kong. US and European investment banks in Hong Kong are cutting senior jobs and reigning in costs […]

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