SocGen Bonus Hits Could Prompt Turnover

Reports Société Générale may cut bonuses to zero in the wake of its EUR4.9 billion (USD7.2 billion) loss from fraudulent trading could trigger defections, according to market watchers.

  • 25 Jan 2008
Reports Société Générale may cut bonuses to zero in the wake of its EUR4.9 billion (USD7.2 billion) loss from fraudulent trading could trigger defections, according to market watchers. The bonuses were understood to be set to be revealed next month. In an industry where the bonus is everything, ...

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