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
Wed, 20 Jan, 2010 - 16:38

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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CourtsBusinessHeathrowPlace: USPlace: UKPerson: James GormanPerson: Brian MoynihanPerson: ChancellorPerson: Alistair DarlingPerson: President Barack ObamaOrganisation: Lehman BrothersOrganisation: Morgan StanleyOrganisation: Smith BarneyOrganisation: Bank of AmericaOrganisation: Merrill LynchOrganisation: US governmentOrganisation: CitigroupOrganisation: JP Morgan ChaseOrganisation: CitiOrganisation: JP MorganOrganisation: Royal Bank of ScotlandOrganisation: UK government
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