Alan Johnson News
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The chief executive officers of software developer Oracle Corp. and watchmaker Fossil Inc. both work for a salary of a dollar or less a year. The only difference: $96.2 million.
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Morgan Stanley abandoned an attempt to block first-year bankers from talking with recruiters for outside firms after employees complained, two people with knowledge of the matter said.
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Alan Johnson , a former labor-union leader who held Cabinet posts under Tony Blair and Gordon Brown , was named Treasury spokesman for the opposition Labour Party.
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Wall Street bonuses for 2012 will be less than earlier estimates as Europe’s sovereign-debt crisis and stagnating economic growth weighed on results, according to compensation consultant Johnson Associates Inc.
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Jeronimo Martins SGPS SA, a Portuguese grocer with plans to expand in Colombia, may seek acquisitions to become one of the Latin American country’s top three retailers, Chief Financial Officer Alan Johnson said.
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Citigroup Inc., whose shareholders rejected its former leader’s pay package, gave new Chief Executive Officer Michael Corbat an $11.5 million compensation deal for 2012.
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Alan Johnson, Treasury spokesman for the U.K. opposition Labour Party, supports the coalition government’s decision to lend money to Ireland and said he was worried about the future of the eurozone.
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Bankers in London, the hub for securities firms in Europe, are bracing for lower bonuses compared with New York counterparts as earnings from the region plummet and pressure to tighten compensation mounts.
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Ed Balls , named Treasury spokesman for the U.K.’s opposition Labour Party yesterday, may intensify the battle over budget cuts with Conservative Chancellor of the Exchequer George Osborne .
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Jamie Dimon, awarded $23 million for running JPMorgan Chase & Co. last year, earned 67 times the average amount set aside for his investment bankers and traders, the widest gap among firms that report divisional pay.
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