Bankers Expect a 7% Drop in Bonuses

by | Dec 22, 2010 | Towing

Bankers worldwide are expecting smaller bonuses this year. Still, they will be hard pressed to find much sympathy as their base salaries were boosted — in some cases doubled — this year to compensate for the lower year-end bo…

Morgan Stanley to Trim 2010 Bonus Pool by 10% to 25%

by | Dec 9, 2010 | Towing

Morgan Stanley is reportedly planning to pay out 10% to 25% less in bonuses this year to its employees, an effort to cut costs as it deals with volatile market conditions. The cuts are slated to affect traders, back-office staf…