Today news
About the same in other media
Jefferies cuts dealmaker bonuses by 25% as investment banks rein in costs
Reading now: 964
Jefferies has cut bonuses for dealmakers by up to 25% as investment banks look to keep a lid on costs amid a slump in activity.
The independent investment bank, which has been bulking out its senior ranks over the past two years, told dealmakers their bonuses for 2022 this week. Those contacted by Financial News said that the pool had slipped by 20-25% compared to a year earlier, when banks paid out bumper bonuses as deal fees spiralled to new highs.
Jefferies...
Read more on fnlondon.comAbout this in other media
Berenberg cuts 55 staff in second round of London layoffs fnlondon.com /2 years ago
FinnCap cuts jobs and office space amid ‘challenging’ environment fnlondon.com /2 years ago
Morgan Stanley cuts 12 dealmakers in London as part of global reductions fnlondon.com /2 years 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.
