Bank sets aside $16.7bn for bonuses

Investment banking giant Goldman Sachs said today it had set aside a US$16.7bn (€11.22bn) so far this year in pay and bonuses as it revealed a 278% leap in profits.

Bank sets aside $16.7bn for bonuses

Investment banking giant Goldman Sachs said today it had set aside a US$16.7bn (€11.22bn) so far this year in pay and bonuses as it revealed a 278% leap in profits.

The group revealed a 46% hike in the compensation and benefits pool for the first nine months of the year.

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