JP Morgan staff bill rises to $29bn

US bank JP Morgan Chase today revealed a higher bill for staff pay and bonuses in 2011 of $29bn despite a turbulent finish to the year.

JP Morgan staff bill rises to $29bn
Fri, 13 Jan, 2012 - 15:07

US bank JP Morgan Chase today revealed a higher bill for staff pay and bonuses in 2011 of $29bn despite a turbulent finish to the year.

The total pay packet – which based on its headcount of 260,157 equates to an average of $111,471 for each of its staff – is a 3% increase on last year.

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CourtsBusinessHeathrowPlace: USPlace: LondonPlace: AmericaOrganisation: JP MorganOrganisation: JP Morgan Chase
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