Jarden hit by banker exodus as bonuses land

Already a subscriber?The resignations are flying thick and fast at Jarden Australia, after the investment bank paid out annual bonuses on Wednesday.Nearly a dozen bankers have informed Jarden’s top brass of their exit plans, sources said. It is understood about eight staff have lobbed official resignations, with more expected before the end of the week.

Sources said while Jarden’s compensation – decided several weeks ago, but paid last night – wasn’t shockingly bad, the departing cohort was being driven by a search for stability. With the money safely in the bank as of last night, they are ready to set sail. With the bonuses now out, it would be interesting to see if Jarden Australia can still stake a claim to being profitable.

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