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BNP reckoned this would satisfy new rules introduced in February which require banks to defer compensation in case trades go wrong.
Do you want to defer compensation from this year to future years?
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"They're deferred compensation.
Last year, he received $178,437 in deferred compensation from the company.
The figure does not count deferred compensation to players.
Deferred compensation plans do not have the same protection, a risk that became clear when Lehman Brothers went bankrupt and executives with deferred compensation became creditors of the company.
In 2004 and 2005, the deferred compensation is to be at least 10percentt more than the salary and deferred compensation of the previous year.
Usually, most of the amounts due American chief executives are in stock or deferred compensation.
Each received deferred compensation totaling about $1.8 million in 2008 and 2009.
Resolution is paying $3.35 billion in cash and as much as $744 million in deferred compensation.
For accounting reasons, the firm referred to deferred compensation as "bonuses".
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