Top managers and consultants of European investment banks this year wrote themselves record – over the past six years – bonuses, according to Bloomberg.
According to him., In the first nine months of the year, employees of leading European investment banks received more bonuses than in the entire last year. These are mainly employees whose earnings are formed by participating in the bank’s income from specific projects and transactions.
At the same time, the incomes of employees of investment banks with fixed earnings also increased. Also, many of them are counting on increased bonuses, since last year, national and European regulators recommended that banks refuse to reward.
Recall that the majority of European banks in recent months have focused on investment divisions involved in trading in the stock market and underwriting when placing securities on stock exchanges, since they bring the main profit.
Source: Rosbalt
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