JP Morgan to Increase Variable Bonus Limit on UK Staff from 2x of Fixed Pay to 10x of Fixed Pay after Brexit, JP Morgan Banker with $1 Million Fixed P
25th June 2024 | Hong Kong
JP Morgan is increasing the variable bonus limit on UK staff from 2x of fixed pay to 10x of fixed pay after Brexit, with a JP Morgan banker with $1 million fixed pay can now earn $10 million in bonus instead of only $2 million in bonus under the European Union rules (no longer applies after Brexit). European Union (EU) had imposed a limit on variable pay capped at 2x of fixed pay for material-risk takers in 2014. In 2024 May, Goldman Sachs had increased variable bonus limit on UK staff from 2x of fixed pay to 25x of fixed pay.
“ JP Morgan to Increase Variable Bonus Limit on UK Staff from 2x of Fixed Pay to 10x of Fixed Pay after Brexit, JP Morgan Banker with $1 Million Fixed Pay Can Now Earn $10 Million in Bonus Instead of Only $2 Million in Bonus under European Union Rules, European Union Imposed Limit on Variable Pay Capped at 2x of Fixed Pay for Material-Risk Takers in 2014, Goldman Sachs Increased Variable Bonus Limit on UK Staff from 2x of Fixed Pay to 25x of Fixed Pay “
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JP Morgan to Increase Variable Bonus Limit on UK Staff from 2x of Fixed Pay to 10x of Fixed Pay after Brexit, JP Morgan Banker with $1 Million Fixed Pay Can Now Earn $10 Million in Bonus Instead of Only $2 Million in Bonus under European Union Rules, European Union Imposed Limit on Variable Pay Capped at 2x of Fixed Pay for Material-Risk Takers in 2014, Goldman Sachs Increased Variable Bonus Limit on UK Staff from 2x of Fixed Pay to 25x of Fixed Pay JP Morgan Hong Kong Managing $20 million to $3 billion. Investing $3 million to $300 million. For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm. Join Events & Find Services Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services. Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected] Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quick Links Caproasia Access | Events | Summits | Register Events | The Financial Centre The 2024 Investment Day | 2024 Family Office Summits | Family Office Circle 2021 Data Release 2020 List of Private Banks in Hong Kong2020 List of Private Banks in Singapore 2020 Top 10 Largest Family Office2020 Top 10 Largest Multi-Family Offices2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM For Investors | Professionals | Executives Latest data, reports, insights, news, events & programs Everyday at 2 pm Direct to your inbox Save 2 to 8 hours per week. Organised for success Register Below For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors Get Ahead in 60 Seconds. Join 10,000 + Save 2 to 8 hours weekly. Organised for Success. Sign Up / Register
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