by Kalyeena Makortoff Banking correspondent on (#6N2SK)
First-quarter earnings show 580m pool, reflecting increase in share price as bonus cap scrapped in UKLondon bankers at Goldman Sachs have seen their pay pot jump by more than 20% so far this year, as the bank's surging share price added to the prospect of bumper payouts after bonus caps were lifted in the UK.Filings covering Goldman Sachs International's (GSI) first-quarter earnings show that it built up a $735m (580m) pay pool in the three months to March, averaging out at about $218,000 (170,000) each for its 3,359 staff, the bulk of whom are based in London. Continue reading...