Tag Archives: Bonuses
An apology over the proposed bonus cap
The proposed extension of the cap on bonuses to asset managers has exposed the true colours of MEPs in attacking bonuses: they just don’t like rich people. My latest column for Financial News I feel that an apology is in … Continue reading
Bonuses: in the line of fire again
The proposed cap by the European Parliament on bankers’ bonuses will have wide-ranging and unintended consequences A year ago, a proposal by the European Parliament to cap bankers’ bonuses at no more than one times fixed salary seemed like little … Continue reading
Banks in the line of fire over bonuses
The latest proposals from the European Parliament to cap bankers’ bonuses at one times salary would wreak havoc at banks in Europe. Here are the banks most affected – and what they might do about it. ‘Oh Christ!’, was the … Continue reading
Whisper it quietly: pay at investment banks is falling faster than you might think
Cut through the outrage – and the real story behind this year’s bonus season is how quickly pay and bonuses are falling It is difficult to feel sorry for investment bankers and traders. But if you are ever going to … Continue reading
Why Dimon is (half) right about pay…and why he owes The New York Times $5
Jamie Dimon actively enjoys courting controversy, but at the JP Morgan Chase investor day last week he was on particularly fine form. According to Deal Journal, Dimon quickly warmed to one of his favourite themes: that critics of pay in … Continue reading