Summary
THE City is set for a record Pounds 21 billion bonus bonanza, it was revealed today. Research for the Evening Standard shows that bumper profits at investment banks will make the next bonus season the biggest yet.
Payouts are set to go up by an average of 8%, fuelled by a takeover boom which has seen a series of big names bought by foreign rivals.See the full content of this document
Extract
Biggest-Ever Bonus Bonanza for City
The total bonuses paid out by banks, hedge funds and other City businesses will total well over Pounds 20.5 billion - up from Pounds 19 billion last year. Some of the biggest dealmakers at inves...
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