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Goldman, which continues to attract the very best investment bankers and is chaired by Lloyd Blankfein, is on track to pay staff more than it did in 2007, itself a record year.
Having recently repaid its $10bn (£6bn) bail-out from the US Treasury, thus releasing it from government compensation legislation, the bank is on track to produce a total compensation pot of $20bn this year, according to analysis of analysts' estimates by the Wall Street Journal.
If Goldman manages to deliver the figure, it would mean an average compensation of $700,000 per employee.
Among the Member States, the lowest unemployment rates were recorded in the Netherlands (3.2%) and Austria (4.3%), and the highest rates in Spain (18.7%), Latvia (16.3%) and Estonia (15.6%).
I think it must be all those accountants that Cron will need to use.
Unemployment in Spain fell by 1.5% or 55,250 people in June, according to the official figures just released by the employment agency INEM.
It’s the second consecutive monthly fall and is in contrast to a rise of nearly 37,000 unemployed in June last year. It’s the largest fall seen in June for eight years.
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