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BofA Said to Cut Bonuses for Rates Traders at Least 15%

Published on: Monday, February 10, 2014 by Paul Stanbridge

Bank of America Corp., the second-largest U.S. lender, cut the bonus pool for interest-rate traders by 15 percent to 20 percent as revenue fell, said two people with direct knowledge of the matter. . .

http://www.bloomberg.com/news/2014-02-03/bofa-bonuses-for-rates-traders-said-to-shrink-at-least-15-1-.html

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