Morning Coffee: JPMorgan bonuses can be increased fivefold. Goldman Sachs could rise 12.5x. A London banker wants to take on the US and save the world

The Brexit bonus is baaack JPMorgan. The bank has decided to take advantage of amended UK legislation to allow the payment of bonuses of up to ten times basic salary to risk takers (senior staff) at its London branch (compared to twice under the old, EU derived regulations). It is similar to, although subtly different … Read more