Barclays is considering paying about 1,000 senior bankers part of their bonuses in bonds that could convert to equity in times of stress, a person familiar with the matter said Monday.
The move could help deflect criticism of the bank’s bonus payouts, which are expected to total around £2.5 billion this year, since bankers [...]
Posts Tagged ‘bonuses’
Barclays Mulls Bonds for Bonuses
January 24th, 2011 by Financial Writer
Tags: bank, bankers, bonuses, company, dow jones, ubs, us
more...Caliber Mortgage Finance – The Future Of The Residential Loans Or A Wolf In Sheep's Clothing
December 14th, 2010 by Financial Writer
We’ve all been affected in one way or the other of the whole mortgage mess (or for many of us, we hit many, many possibilities). For the most part, I think it’s fair to say that most of the average person was affected by the collapse of mortgages in recent years has been nothing [...]
Tags: au, bank, bank of america, banking, banks, bell, bonuses, business, company, dollar, dollars, employers, finance, financial, foreclosure, government, lender, lenders, loan, loans, mortgage, mortgage finance, mortgages, president, rate, us, us employers, wells fargo
Recession takes toll on university president pay
January 18th, 2010 by Financial Writer
The recession has reached the executive suites of the nation’s public universities and colleges, putting a stop to a string of large annual pay increases for school presidents.
A survey released Monday by the Chronicle of Higher Education showed compensation packages of chief executives at public schools leveling off in 2008-2009, rising a relatively modest 2.3 [...]
Tags: bonuses, charles grassley, higher education, recession, unemployment
How Wall Street boldly saved big exec bonuses
January 15th, 2010 by Financial Writer
The fat cats were supposed to get their comeuppance.
After Wall Street’s most prominent firms — by their own admission — helped cause the 2008 financial meltdown and got bailed out by the government, they were supposed to stop handing out million-dollar bonuses to their employees. No one was supposed to get seven- and eight-figure rewards, [...]
Tags: americans unemployed, bonuses, financial meltdown, great recession, wall street