Wall Street May Reduce Compensation to Avoid Outcry: Video
110 views · Published 23 March 2012 · 2:19 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Jan. 15 (Bloomberg) -- Wall Street firms, facing pressure from lawmakers and shareholders to rein in pay, may report smaller bonus pools because of lower fourth-quarter revenue and mounting public outrage.
Banks have announced plans to pay more in stock and deferred compensation to satisfy regulators calls to tie pay to long-term performance. Bloomberg's Su Keenan reports. (Source: Bloomberg)
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