JP Morgan Chase

JP Morgan CEO gets increase of 35% to $27M

JP Morgan’s CEO James Dimon received $27 million in total compensation, of which the majority was in performance-based restricted stock and the rest as cash bonus and salary. This structure has been mainly designed to appease the shareholders who had frowned upon the fact that the CEO’s pay does not depend on his performance.

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Goldman Agrees To Pay $5.1 billion, Resolves 7 Years’ Pending Mortgage Security Dispute

Goldman Sachs Group Inc. has finally agreed to pay $5.1 billion on Wednesday to resolve a seven years’ pending dispute over faulty mortgage securities. The penalty amount remains lower compared to those counted by other Wall Street competitors. Fourth quarter profit of the firm may be hit by the penalty counting. But investors welcome the settlement and its share price rises by 1.5% on Thursday.

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Twitter execs showered attention by profit seeking Wall Street firms

Firms stand to earn nearly USD50 million from the Twitter IPO.

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