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Friday, January 03, 2014

£2m: average pay award for JP Morgan's top staff in 2012 revealed

http://www.theguardian.com/business/2014/jan/01/2m-average-bonus-jp-morgan-bankers

The latest information from JP Morgan -- filed just as 2013 was ending, to meet the deadline -- shows it had 126 code staff in 2012 who received £41m in "fixed remuneration", such as salaries, and another £222m in "variable remuneration", such as bonuses, half of which was paid in shares that have to be held for two years.''

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