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Plus, the €1bn beauty deal that went ugly and buyout funds hunt for start-up bargains
Payouts for some roles set to fall by 25% as higher interest rates damp dealmaking and IPOs
More doughnuts than a Krispy Kreme
Banker salaries that were doubled to get round the measure could become baked-in
Plus, a CAB crash in London
Move aimed at boosting City will abolish EU rule that limits payouts to twice base salary
More than $400mn in deferred pay was wiped out after a state-orchestrated rescue by UBS
Bankers contact lawyers over bond-linked rewards that were wiped out by UBS rescue
Young workers on high salaries find financial advice hard to come by
Executive team will lose outstanding variable pay entirely following lender’s rescue by UBS
The average cheque for bankers for 2022 is a quarter less than the previous year
New York state comptroller blames higher rates and Ukraine war for biggest drop in payouts since financial crisis
Finance ministry halts awards as demoralised bankers say ‘we thought it couldn’t get any worse’
Swiss bank had SFr360mn of contingent capital awards outstanding at the end of 2022
Increase in remuneration cements executive’s position as best-paid bank boss in Europe
FT poll shows more readers are stashing any bonus cash rather than splashing it on luxuries
Removal of allowances would plunge bankers into the icy waters of performance accountability
Swiss bank’s board will seek shareholder approval for awards if executives can execute a radical restructuring
Banks take knife to bonus pools, but some traders still hopeful of bumper payouts
Group pays some bankers no bonus for last year’s work while giving others 30 minutes to leave
Working paper says delaying bonuses for several years leads lenders to ‘compensate’ by paying more
Reductions in extra cash and workforce reflect drop in activity rather than external shocks
Reduction for 3,000-strong unit would be most severe since financial crisis
Investment banking could bear the brunt of the pain because of slowdowns in dealmaking
Industry says rules imposed after the financial crisis have hurt ability to attract and retain staff
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