compensation Archives - Markets Media

The bonus pool reached $47.5bn, its first major increase since the COVID-19 pandemic.

Alternatives are a strategic priority for many financial services firms.

The $33.8bn bonus pool for 2023 closely matched the 2022 pool.

The cap has limited the proportion of remuneration that can be adjusted by risk and performance measures.

Outstanding variable remuneration up to the end of 2022 will be cancelled for the executive board.

Average bonus paid to securities employees dropped to $176,700.

Credit Suisse executive board had decided to waive its variable remuneration for the 2022 financial year.

Deferred compensation of 400 people will include ESG metrics alongside existing criteria.

Sustainable financing and client investments are set to reach more than €200bn by 2025.

European Banking Authority Finds Material Gender Pay Gap