One of world’s largest traders to hand staff more than half a billion dollars despite turmoil in commodity marketsCommodities trader Trafigura is to pay $775m (512m) in share-based bonuses to 600 staff after it banked bumper profits from oil trading in turbulent markets that absorb seen the price of crude approach lows not seen since before the financial crisis. The payout via a share buyback to the senior executives and traders who own the company will be paid in accordance with each person’s stake. The latest payout takes the total over three years to $2.5bn.
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Source: theguardian.com