Goldman Sachs Directors Top London’s Bonus League

Goldman Sachs Group Inc. bankers got the biggest bonuses in London this year with an average payout of 194,000 pounds ($299,000), 24,000 pounds more than second-ranking Morgan Stanley, according to Emolument.com.

Bank of America Corp. ranked third among the 15 investment banks, paying mid-level bankers, ranking below managing directors, an average bonus of 166,000 pounds, the salary benchmarking site said in a statement on Wednesday. Credit Suisse Group SA’s 135,000-pound average bonus made it the most generous European bank in sixth place, while ING Groep NV and Societe Generale SA ranked last, paying 91,000 pounds.

Read more http://www.bloomberg.com/news/articles/2015-05-27/goldman-sachs-directors-top-london-s-bonus-league-with-299-000

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