British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — ...

Around 6,000 bankers work at Goldman’s London office. Key employees likely ... Rather than curb rewards, the bonus cap pushed up base salaries. Banks increased base pay to ensure they could ...

Earlier this year, the newly-qualified (NQ) pay war kicked off again after US firm Quinn Emanuel upped its starting salary for London lawyers ... lawyers are the new bankers”.