Bonuses jump by 20% for 2003
The biggest bonus “winners” of 2003 in the UK will be interest traders and derivatives specialists, with bankers in the traditionally glamorous areas of mergers and acquisitions only seeing a modest increase, or in some cases, no increase at all, research by Close Wealth Management (CWM) found.
Derivatives traders with as little as three years’ experience could receive bonuses of stg£300,000 or more, and top interest traders will be among the main recipients of those elusive six or seven figure bonuses.
