Alfa Bank Employees Receive No 2011 Bonus, Finparty Reports

Alfa Bank’s board decided employees in its investment-banking division will not receive a bonus for 2011, Finparty reported, citing unidentified workers at Russia’s largest private lender.

Finparty, a Russian-language financial news website, interviewed ten employees of the company about bonus payments, it said.

To contact the reporter on this story: Jack Jordan in Moscow at jjordan22@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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