Salaries: Goldman Sachs quiet game
Criticized for the payment of bonuses to its traders, Goldman Sachs seems he decided to calm the game despite a profit of nearly $ 5 billion in the fourth quarter 2009 the bank had decided to limit the compensation of its percent more senior executives based in the United Kingdom, one million pounds (1.13 million euros).
The decision, reported Monday by Dow Jones agency, comes after the British government's decision to tax the bonus bank and the controversy generated by the high salaries of banks in the United States.
The bank has provided $ 16.2 billion in wages and bonuses to its employees in 2009, more than 10.934 billion paid in 2008. Reported revenues of the bank, the amount of wages and bonuses granted under last year's 35.8%. This is the lowest ratio since 1999 free credit score .In recent years, hovering around 50%. One way to show that Goldman Sachs has heard the message of Barack Obama. Furthermore, to confirm its commitment to end the excesses, the U.S. bank has paid 519 million euros to a fund to support SMEs, Goldman Sachs Gives.
After receiving 10 billion dollars of government support that the bank has now refunded the U.S. bank had caused a scandal by announcing that she would pay substantial fees.
After presenting the results much better than its rivals, Goldman Sachs also seems to want to position themselves in leading U.S. banks in terms of governance.
ALSO READ: "Constable American Stock Exchange is Goldman Sachs' Obama prohibits banks market activities