Director Bonus Watch: Weekly Compensation News You Need to Know

Dear Readers,

Welcome to the second edition of Director Bonus Watch, your go-to source for the hottest bonus news, the latest poll results, and senior hiring trends.

?We cover important bonus-affecting news from Goldman, Citi, JP Morgan, and others.

In this edition, don’t miss Goldman's stellar results and the American Banker article “20 highest-paid bank executives.” If you're at Citi or JPM, brace yourself for bad news… ?

Of the 20 highest-paid bank execs, 6 are from JPM and Citi, respectively. ?

Jamie Dimon pulled in $35MM, and Jane Fraser wasn’t far behind at $25MM. ?

Having spent 10 years as a career coach and 15 years at Credit Suisse and Merrill Lynch, I’ve seen the most underpaid employees consistently come from Citi and JPM.

So, if you're working at Citi or JPM, it’s time for a hard look.

Jamie and Jane don’t need your money; you do!

Did your CEO make the top 20?

I trust you'll find the content valuable. As always, I welcome your feedback at [email protected] .

Best Regards,

Mike Mittleman

Goldman Sachs Quarterly Earnings

• Ranked #1 in worldwide announced and completed M&A and common stock offerings ?
• Investment banking fees 20% higher driven in part by fixed income division
• Equities up 18% from secondaries since IPO activity was muted

20 HIGHEST-PAID BANK EXECS

• Of the 20 highest-paid bank executives, 6 came from JPM and Citi respectively ?
• Jamie Dimon and Jane Fraser made $35MM and $25MM each ?
• Shocking since these 2 banks pay the least to employees

???Let's talk: [email protected]