Rising revenue at many banks is stoking employees’ hopes for larger bonuses, after year-end payouts were cut in the wake of the financial crisis and packed with restricted stock, which vests over time. Firms instead are preparing to shrink compensation for individuals amid investor pressure to improve return on equity. -Bloomberg bloomberg/news/2013-10-31/wall-street-firms-poised-to-disappoint-bankers-on-bonuses.html
Posted on: Thu, 31 Oct 2013 11:29:40 +0000
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