US banking giants reveal bonuses and bad debts

Bonuses and bad debts remained in the spotlight today as more US banking giants revealed how they fared in the year after the Lehman Brothers collapse.

US banking giants reveal bonuses and bad debts

Bonuses and bad debts remained in the spotlight today as more US banking giants revealed how they fared in the year after the Lehman Brothers collapse.

Morgan Stanley said it had put aside $14.4bn (€10.21bn) for staff compensation and benefits in 2009, an increase of 31%.

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