Daily pay of pounds 56,000 for 'genius'
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A TRADER at a Japanese bank in London set a new goal for the City's ambitious money men when it was revealed yesterday that he earned pounds 56,000 each day, a total of pounds 14.5m annually, writes Ian MacKinnon.
Kaveh Alamouti, 39, an arbitrage trader with the Tokai Bank and a keen Queens Park Rangers supporter, last year doubled his pounds 7.6m salary received in 1992. According to company accounts, he earned pounds 6.27m as director of Tokai Bank Europe, and pounds 8.23m as a director of sister company Tokai Capital Markets.
A spokesman for the company said that Mr Alamouti, who has held the directorships for three years, and is known to stock market colleagues as a 'mathematical genius', had been awarded the performance-related sums because the bank had been highly successful.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments