JPMorgan, BofA and Citi to slash banker bonuses – Bloomberg Law

Signage is seen at the JPMorgan Chase & Co. New York Head Quarters in Manhattan, New York City

(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%, Bloomberg Law reported on Friday, citing people with knowledge of the internal deliberations.

(Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims