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The American Investment Bank said it had reserved $3 83bn indemnity in the third quarter that or 43pc revenues. Pot of remuneration, which equates to $370,000 for each Member of staff for the work of nine months is of about smaller 21pc was this time last year, but its size will always controversial light spending review Wednesday.

The Bank said remuneration packages would be lower because profits look set to be low. For the quarter, net income at Goldman was $1. 9bn, off the coast of $3 over the same period last year. Said Goldman has dropped recipes by 28pc to $8. 9bn during the period due to a decrease in its division of trading and principal investments.Commercial revenues also decreased by $ 5 36pc. 6bn.Cependant, banks division of investment bank generated solid results with 24pc $1 billion in revenue.

Lloyd Blankfein, Chief Executive, said that the economic conditions continued to be "difficult" but said he is satisfied with the performance "solid" Bank.

Intense pressure political and public has given that last year Goldman cut the pay-to-revenue 35 8pc ratio lower than level revaled Tuesday results.However initiated says that the pay cut Goldman is vulnerable to staff being poché.En August, the Bank granted a boon mid-term actions for top bankers to reassure their advance on the season this year bonus page.

Separately, Bank of America (BoA) announced a net loss of $7 United (￡ 4 64bn) for the third quarter.Loss, who was three and a half times greater than the loss of $5.3 2 reported during the same period last year, has been hired as a result of having a $ off write to reflect the lowest value of his credit card company.

The Bank, which had already announced the devaluation, said that division would be effected by the new regulation which halt charges affected profits.

Analysts said that otherwise, the results are better prévu.à excluding the charge, BoA reported net income of $3 billion or 27 cents per action.Les results were driven out by smaller credit costs.

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