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Sunday, 29 May 2016

Wall Street minnow gets whale-size bonus

Big Swinging Handler

Jefferies is paying CEO Richard Handler $19 mln for 2012, a 36 pct increase. That matches the firm’s share price gain last year. But it’s also a whopping 6 pct of earnings - excluding an even bigger retention deal. The same multiple would net JPMorgan boss Jamie Dimon $1.2 bln.

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