So, who's deferring the most, for the longest? Bank by bank deferral policies
It's still early days - in the few places where bonuses have been announced, only the most senior people have been told. That doesn't mean that rumours about banks' new deferral policies aren't leaking out.
Yesterday it emerged that BofA is allegedly planning to trim the cash component of bonuses to 15% for senior staff. If this sounds harsh, headhunters say it's roughly in line with the level of deferrals planned elsewhere.
Most policies are subject to alteration up until the bonus announcement date and the information below hasn't been confirmed by the banks concerned, but here's what headhunters allege banks are currently planning for this year's bonuses:
