No pay rises for JPMorgan employees on average as legal woes slash bank's profit

JPMorgan Chase plans to keep overall compensation per employee roughly flat this year from last year, lagging gains at rivals, as the bank’s massive legal settlements weigh on its results, two sources familiar with the matter said.

via Business feed http://www.scmp.com/business/banking-finance/article/1362837/no-pay-rises-jpmorgan-employees-average-legal-woes-slash