Posts by doubleup

Larry Fink is one lucky guy.  Fink will take home in excess of $20 million for his Wall Street work last year, when he successfully guided New York’s largest asset-management company, BlackRock. “He’s right at the top. He’ll be north of $20 million — and, of course, BlackRock has done great,” compensation expert Alan Johnson told…

JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon, who got a 74 percent raise for his work in 2013, stands to reap a separate and bigger payday within months. The bank’s board of directors, having delayed a decision for more than a year, has yet to say whether Dimon, 57, can collect 2…

Wall Street’s senior executives have been holed up in conference rooms across Manhattan the last couple of weeks, locked in tense all-day sessions. The special project: dividing up this year’s spoils as bonus season approaches. Over the last month or two, headlines have speculated that 2013 will turn out to be an excellent one on Wall…

Nearly 50% of respondents to a recent Ignites reader survey said they expect a larger bonus for 2013 than they received for 2012, with 43% expecting a moderate increase and 6% predicting a significant increase. The results are as of late afternoon Tuesday, with 437 readers voting. Click here to vote in the ongoing poll. Just 17% said that they expect their…

When Wall Street firms announce their 2013 bonuses in December and January, employees will see an average bump of 5% to 10%, according to a closely watched compensation survey put out by New York compensation consultants Johnson Associates, which releases three Wall Street pay reports a year. To collect its data, the company queried eight…

Money management professionals can expect to see a jump of 10% to 15% over last year’s bonus payouts, according to projections from compensation consultant Johnson Associates.The projection matches Johnson’s preliminary estimate of the same range in May. Incentive payouts for professionals in hedge funds, equities, private equity and prime brokerage will increase anywhere from 5%…

When it comes to compensation, it looks as if 2013 is going to be remembered as a pretty good year to have worked on Wall Street, unless you are a fixed-income trader. Financial advisers, asset managers and underwriting investment bankers can expect their 2013 bonuses to rise as much as 15 percent, according to a…

Wall Street’s bonus season should be a good one for those who manage other people’s money. But for many bond traders and merger bankers, 2013 could be a year to forget.  Year-end bonuses among 18 large banks, securities firms and asset managers could rise 5% to 10% this year, paced by higher payouts for asset-management and…