JP Morgan to pay $29 bn in salaries and bonuses: Report 10 Jan 2010, 1549 hrs IST, PTI LONDON: World's biggest banks will pay out more than $65 billion in salaries and bonuses over the next fortnight, with banking conglomerate JP Morgan Chase alone likely to shell out a record $29 billion, barely a year after the bailout of the banking system. "JP Morgan Chase is set to defy calls for constraint over bankers' bonuses this week when it delivers an expected $29 billion compensation pot for its executives," the Sunday Telegraph reported. JP Morgan's 220,861 employees are on average...