Silicon Valley Bank UK arm gives $18M in bonuses
Silicon Valley Bank’s UK subsidiary doled out over $18 million in bonuses this week—just days after HSBC swooped in as part of a rescue deal to save the institution from…
Silicon Valley Bank gave out bonuses right before collapse
Silicon Valley Bank workers reportedly received their annual bonuses just hours before the financial institution collapsed — and ahead of an expected Monday morning run by customers desperate for their…
Goldman Sachs slashes bonuses for junior bankers by as much as 90%: insiders
Bonus week at Goldman Sachs turned out to be a bust for already shell-shocked workers as payouts for some were slashed by as much as 90%, insiders told The Post.…
Goldman Sachs CEO David Solomon to halve partners’ bonus pool
Goldman Sachs CEO David Solomon seems to have put the firm’s esteemed partners on his “naughty list” this year. The Wall Street tycoon will shrink the bonus pool for the…
‘For the master of the universe … it’s going to be a difficult year:’ Wall Street bonuses expected to plunge 45%
The days of eye-popping bonuses for bankers are coming to a screeching halt. Wall Street payouts are expected to plummet by as much as 45% as financiers face economic headwinds…
Goldman Sachs promotes 80 bankers to coveted ‘partner’ status
Goldman Sachs said CEO David Solomon is awarding the coveted status of “partner” to 80 bankers at the Wall Street giant this year — the biggest yearly increase in membership…
This is how much Wall Street bonuses are expected to plunge
Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough…