TalentRetention

HSBC Implements Short-Term Retention Strategy for Key Bankers Amid Major Structural Overhaul

1 month ago

HSBC Holdings Plc is taking significant measures to retain its top talent as the banking giant embarks on a comprehensive restructuring initiative. In a bold move to align its workforce with its future strategic vision, the company has placed certain bankers on a short-term retention plan, aiming to ensure continuity and expertise during this transformative period.

Millennium Management's Englander Weighs Equity Stakes for Top Executives

1 month ago

In a potential shift aimed at aligning interests and enhancing performance, Izzy Englander, the founder of Millennium Management, is considering the option of granting equity stakes to his top executives. This strategic move is reflective of a growing trend in the financial sector wherein firms are exploring innovative compensation methods to retain and motivate their key talent.

Credit Agricole to Increase Investment Bank Bonuses by Up to 10%

2 months ago

In a notable move that reflects the current market dynamics, Credit Agricole has announced plans to boost bonuses for its investment banking staff by 5% to 10%. This decision comes as firms in the financial sector jockey for talent and seek to reward their employees amidst a backdrop of fluctuating market conditions and competition for skilled professionals.

Goldman Sachs Delivers Substantial Retention Bonuses Amidst Market Challenges

3 months ago

In a strategic move aimed at retaining top talent during uncertain economic times, Goldman Sachs has awarded an impressive $80 million in retention bonuses to key executives, particularly its CEO David Solomon and President John Waldron. This initiative reflects the firm’s commitment to maintaining leadership stability in the face of evolving market conditions and increasing competition across the financial services sector.

Deutsche Bank Set to Boost Investment Banking Bonuses by 10% Amid Economic Recovery

3 months ago

In a bold move reflecting the ongoing economic recovery, Deutsche Bank has announced plans to increase bonuses for its investment banking division by approximately 10% for the upcoming fiscal year. This strategic decision comes as the bank seeks to retain top talent in a competitive financial market and reward employees for their substantial contributions amidst challenging economic conditions.

Canadian CEOs' Growing Concerns Over Economic Growth: Insights from KPMG

7 months ago

A report by KPMG annually shows CEOs in Canada being increasingly concerned about economic growth in the subsequent years. A study of corporate leaders throughout the country revealed many factors behind the growing negativity in the CEO outlook on the future of the Canadian economy.