Without the fear of political and civil society pressure, the unemployment rate rose to double digits, the housing market still, everything is not changing entrenched greed on Wall Street, experts estimate this year Goldman Sachs, Morgan Stanley, JP Morgan three rows of bonuses nearly US $ 30 billion, equivalent to each staff take 25 million bonus that turned out to be the last United States family income four times.
Hong Kong Pao reported, although banks may be due to the pressure, the late payment of cash bonuses or stock instead of more cash, but Wall Street this huge bonus system, at this sensitive time, the United States were more heart sick again attracted public criticism.
United States-largest investment bank, Goldman Sachs, Morgan Stanley, JP Morgan, as this since the great depression to the most severe financial crisis of "survivor" might feel the need for a big celebration, prepared late payment record bonuses. The three major investment bank repaid government relief funds, denounce the "Washington bail-out plan on assets, represents" no longer be bonus payments constraints, experts estimate that three rows will be granted bonuses of up to 300 million, representing a significant increase to 60%, and even beyond 2007, 268 million all-time high levels. This amount of bonuses from 11.9 million employees equally, each person takes more than $ 25 million, almost the last United States family income amount $ 50,303 4 times.
Enterprise compensation research expert pointed out that the three major investment behaviour ease the pressure from the supervisors, may delay cash bonuses or stock to replace more cash portion, however, believe that always hide but public anger.
Lehman Brothers bankruptcy last year, the Government continued to these "financial powerhouse" for blood transfusion, hurry to rescue the financial system in the United States does not crash, and now it seems that no matter how serious the unemployment rate, the number of housing mortgages were unable to prevent the soaring, who took away the rich Wall Street bonuses.
New York Enterprise senior pay consultants line Options Group report points out that investment in fixed-income departments staff bonuses increase for up to 40% to 50%, but the asset management department employees by the end of bonuses or no growth. The global financial industry average material increased three bonus% to 40%, still below the 2007 level. In the 2008 financial crisis, the financial sector the average bonus amount reduction of 40% to 45%.
This year's bonuses increase maximum should be high yield credit sales departments of the Executive Director, industry anticipates that these big bonuses up to $ 130 million to 170.
Merchandise sales department director's bonus not much, it is expected that bonuses increase also has 50%, on average up to 65 million to 85 million. As for who is the big winner at the end of bonuses? expert disclosure-commodity trading Department of Executive Directors, each person will take away the $ 4 million to 600 million.
Although Wall Street greed of wind-induced and indignation, but United States salary expert for these Bank Executive argues that "Wall Street is the creation of wealth, when the Bank started again to make money, reward effort of staff", but also do not forget to remind the banks, the public are monitoring their every move, bonus payment is a very sensitive matter.
In General, the Wall Street securities operations with slightly less than half of the revenue to pay staff salaries, benefits and bonuses and other expenses in the first nine months of this year, Goldman Sachs, Morgan history Stan, three major investment bank JP Morgan informing shareholders, as staff costs earmarked a 364 million, compared to the same period last year increased by 27 percent. Industry estimates, three major lines of annual salaries amount earmarked $ 495 million.
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