Tag Archives: European Parliament
Bankers’ bonuses: this time they’re really out to get you
Not content that bonuses at investment banks dropped by more than 40% last year, European politicians seem intent on imposing a cap on variable pay that would have damaging consequences. It would be tempting to think that the latest tremors … Continue reading
Category: Bonuses & compensation, Investment banking, Regulation
Tags: European Parliament, Pay, Regulation
Be careful what you wish for on bankers’ pay…
The latest proposals in the European Parliament on limiting bankers’ bonuses are no doubt well-intended – but could have damaging unintended consequences. Members of the European Parliament have a long tradition of coming up with odd proposals about financial markets, … Continue reading