Today news
About the same in other media
Bank of America cuts dealmaker bonuses by 30% as fees are squeezed
Reading now: 730
Bank of America has cut bonuses for its dealmakers by around 30% this year, as Wall Street banks squeeze pay after a year of tumbling investment banking fees.
The US bank communicated staff bonuses on 25 January. Dealmakers and headhunters told Financial News that the pool was down by around a third. In areas where performance has dropped further, notably equity capital markets and leveraged finance, bonuses were down by 50% compared to a year earlier, people familiar with the matter said.
It...
Read more on fnlondon.comAbout this in other media
Binance Shocks Crypto World with Temporary Halt on US Bank Transfers – Here's What's Going On cryptonews.com /1 year ago
Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8 cointelegraph.com /1 year ago
Silvergate Bank Stock Plunges After Report of DOJ Investigation into Ties with FTX and Alameda cryptonews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
