Pay Clawbacks Raise Knotty Issues

Wall Street is getting its first high-profile opportunity to prove it is serious about recovering pay from executives whose blunders waste shareholder treasure. J.P. Morgan ChaseJPM +0.69% & Co., the nation’s biggest bank by assets, is expected to try to claw back some of the pay it awarded to executives and traders at the unit at the…

Read More

Bankers to Get Bonus Bumps in 2012: Survey

Big banks are expected to use a larger portion of profits for employee bonuses this year, despite extensive job cuts and a recent outcry from shareholders over excessive pay, according to a closely watched survey of Wall Street compensation… Johnson Associates said 2012 bonuses are expected to be constrained for top executives whose compensation packages…

Read More

Moderate’ Money Management Bonuses in 2012, Consultant Says

Bonus payouts by traditional and alternative money management firms look set to rise “moderately” in 2012, as market appreciation makes up somewhat for stagnant net flows, according to a report Wednesday by compensation consulting firm Johnson Associates. In a telephone interview, Alan M. Johnson, managing director, called the environment for money management firms so far…

Read More

Wall Street Bonuses May Surge 20% This Year, Consultant Says

Wall Street bonuses hit bottom and are poised to rebound about 20 percent this year as markets improve, according to Alan Johnson, president and founder of compensation consulting company Johnson Associates Inc. “The major wall street firms have cut enough of their costs that it doesn’t take much in the way of increased revenue to…

Read More

Lateral Hiring on Wall Street Hits the Brakes

Every year since the 2008 crisis, investment bankers at many of the large global banks have seen less and less of their bonuses in up-front cash and more in deferred stock and staggered cash payouts pushed out to two to three years down the road. During the 2011 bonus season, banks including Morgan Stanley, Barclays…

Read More