Derivation of the new salaries and bonuses for JPMorgan and Goldman MDs in London

Now that we know for sure that JPMorgan and Goldman Sachs are jettisoning the EU bonus cap, inflating London bonuses and cutting salaries with varying degrees of enthusiasm, we can make informed assumptions about what happens beyond pay for their most senior staff. Get morning coffee ☕ in your inbox. Register here. The bonus cap, … Read more

Morning Coffee: MD banker accused of hitting women preaches common sense to juniors. The extreme competitiveness of Goldman Sachs MDs

52-year-old Managing Director (MD) Jonathan Kaye of Moelis & Co. didn’t have a good weekend. Whether or not he is the man in the social media video who punched a woman in the street during Brooklyn Pride on Friday night and was told, “You’re an asshole, you’re a horrible person,” he’s been referred to as … Read more