Pay and Bonuses
Banks lock in key staff with big retention bonuses as private credit circles
Senior investment bankers are being offered lucrative pay packets that will keep them at their firms for years. Can they stave off the appeal of private credit and private equity?
6 min read
The legal pay boom is not over
Catch up on this week’s top legal news
2 min read
A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’
Ekué speaks to Financial News in his first sit-down interview since A&O’s mega-merger with Shearman & Sterling last year
2 min read
Citi hands banking boss Raghavan $22.6m as ex-JPMorgan dealmaker looks to bolster returns
Raghavan was the second-highest paid executive at Citi last year
2 min read
Kirkland & Ellis partner pay hits $9.2m
The law firm’s average equity partner profit passed $9m for the first time
1 min read
Deutsche Bank top investment banker bonuses jump 50% as ranks of millionaires swells
The German lender paid more than 600 key employees average bonuses of €965,000 as investment bank revenue increased
2 min read
Latham & Watkins partner pay soars to $7.1m
US law firm’s revenue passes $7bn for the first time
2 min read
Santander cuts back senior investment banker bonuses by 8%
The Spanish lender has reduced average bonuses for so-called material risk takers within its investment bank to €841,893
2 min read
Paul Weiss partner pay hits $7.5m following London expansion drive
The US law firm grew profit and revenue in 2024
1 min read
Skadden eyes non-equity partner switch amid law firm talent battle
Elite US law firm mulls introduction of salaried partners
2 min read
Latham & Watkins and the race for $20m partner pay
Catch up on this week’s top legal news
3 min read
Latham & Watkins’ $20m pay ratchets up pressure: ‘Don’t call him, call me’
The once-egalitarian Latham & Watkins has changed its points system to reward star performers — and partners are fighting each other to prove they’re worth the $20m+ pay packets on offer.
NatWest hikes top banker bonuses 27% as markets business swings to profit
Revenue at NatWest Markets rises 16% to £1.2bn
Barclays hikes bonuses for top staff in investment bank by 21%
The UK lender has increased variable compensation for key staff known as material risk takers
Ken Moelis handed $25m retention bonus as banks try to lock in key executives
Investment banks are increasingly handing long-term incentives to convince key staff to stick around
White & Case partner pay jumps 27% to $4m
London revenue rose 25% to $554m in 2024
2 min read
‘There are a lot of unhappy faces’: Banks’ bumper bonus round divides staff
Bankers are feeling short-changed despite a year of stellar profits
4 min read
Lawyer pay explosion ‘not sustainable,’ says Simmons & Simmons boss
‘There’s always a reckoning,’ says Simmons & Simmons managing partner Jeremy Hoyland
3 min read
Morgan Stanley hikes European dealmaker bonuses by 20%
The Wall Street bank has increased the overall pool, but skewed rises towards senior employees
2 min read
Latham & Watkins partners set for 17% pay boost after strong year
Partners at the world’s second-largest law firm set for double-digit pay hikes
3 min read
