Bank of America’s New Bonus Scheme: 75% in Stock, 25% in Cas

by Derek Loosvelt | January 13, 2010

And that’s just the junior banker breakdown. Senior hitters at BofA, many of whom stand to bank seven-figure bonuses, will reportedly receive as much as 95 percent in stock and 5 percent in cash.

Hoping to curb public outrage at the return of the monster banking bonus, look for other investment banks to unveil similar pay schemes in the coming weeks.

Filed Under: Finance

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