The Brexit bonus is baaack at JPMorgan. The bank has decided to take advantage of the UK’s changed legislation to allow the payment of bonuses up to ten times basic salary to material risk takers (senior staff) at its London operation (compared to two times under the old EU-derived regulations). It’s similar to, although subtly different from, the policy change already made by Goldman Sachs, and it suggests that JPM might have slightly different priorities and strategy to its rival.Get Morning Coffee ☕ in your inbox.
