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Bonus, budgets on agenda for Lew’s Senate grilling
WASHINGTON (Reuters) – Jack Lew, President Barack Obama’s nominee to lead the U.S. Treasury Department, faces a grilling about a big bonus he received from Citigroup and his plans for the government’s finances when he testifies before a Senate panel … Continue reading
Obama’s Treasury pick Lew to be grilled on Citi bonus, U.S. debt
WASHINGTON (Reuters) – Jack Lew, President Barack Obama’s pick to be U.S. treasury secretary, is expected to come under fire for the administration’s budget policies and a nearly $ 1 million bonus he received from bailed-out bank Citigroup when he … Continue reading
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Tagged bonus, Citi, debt, grilled, Obama's, pick, treasury, U.S.
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Deutsche Bank director calls for bonus caps
FRANKFURT, Sept 15 (Reuters) – Deutsche Bank should introduce a cap for top salaries, and staff do not need to earn double-digit million euro amounts, Werner Wenning, a member of Deutsche Bank’s…
RBS chairman rejects £1.4m bonus
The Royal Bank of Scotland chairman, Sir Philip Hampton, has given up a £1.4m shares reward he was due later this year, the BBC learns.
Parties clash over RBS boss bonus
Ministers and Labour clash over who is responsible for RBS chief executive Stephen Hester’s contract, amid anger about a £963,000 share bonus offer.
Outrage at RBS boss’s bonus deal
A £963,000 bonus in shares awarded to Royal Bank of Scotland boss Stephen Hester is strongly criticised by politicians and unions.
RBS chief to get £963,000 bonus
Royal Bank of Scotland boss Stephen Hester is to receive a bonus of almost £1m for his work at the bank, which is 82% owned by the taxpayer.
Wall Street job, bonus cuts to hurt growth: report
(Reuters) – As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will hurt growth in the broader U.S. jobs…
McDonnell: St. Nick with pension, bonus, higher ed goodies; budget may expose his inner Grinch
RICHMOND, Va. — Gov. Bob McDonnell’s Santa Claus act is likely to hit the wall Monday morning. Virginia’s Republican chief executive spent the past week, for the most part, dispensing goodies: a record employer contribution to buttress the underfunded public … Continue reading