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Brian Griffiths, Baron Griffiths of Fforestfach
He defended the bank’s bonuses, Griffiths said the general public should “tolerate the inequality as a way to achieve greater prosperity …
UK bank bonus dramas – BBC World News – 29th Jan 2013
As RBS is due to be fined for its involvement in the LIBOR fixing scandal the bank is going to announce its bonuses for its investment bankers. This is likel…
EU Casts Wider Net for Bank Bonuses
The EBA is fleshing out a new EU law that includes the bonus cap, which lawmakers say is needed to crack down on excessive risk-taking at banks. Chris Mordue, an employment lawyer at Pinsent Masons, said that existing EU curbs have forced banks to defer bonuses and claw back awards for performance that proved illusory.
Social Media & Financial Services Workshop
from richardsedley, 3 years ago in Business & Mgmt
Presentation that formed the basis of 2 half-day workshops at Barclays Bank in London in July 2009
Regulators could halt bonuses and pensions for bailed – out bankers
Workplace Savings & Benefits, on Wed, 19 Jun 2013 03:42:52 -0700
"Many bank staff have been paid too much for doing the wrong things, with bonuses awarded and paid before the long-term consequences become apparent. The potential rewards for fleeting short-term success have sometimes been huge, but the penalties …
Prasanna Chandra, published 2008, 1124 pages