HSBC paid its top investment bankers an average bonus of $771,700 last year, an increase of 15% as the UK lender posted record profits and hiked variable remuneration across the bank. The UK lender paid $392m in bonuses to its 508 so-called material risk takers within its investment bank — a group of top employees ...

HSBC paid its top investment bankers an average bonus of $771,700 last year, an increase of 15% as the UK lender posted record profits and hiked variable remuneration across the bank. The UK lender paid $392m in bonuses to its 508 so-called material risk takers within its investment bank — a group of top employees whose ...

Citigroup cut bonuses for senior bankers by up to 20% this year and has skewed payments towards high-performing staff as it continues to overhaul its business under a strategy shift pushed through by chief executive Jane Fraser. The US bank has cut bonuses for directors and managing directors within its investment banking business by 15-20% ...