"Unacceptable" banker pay weakens UK argument against bonus cap

Written By Unknown on Wednesday, 13 March 2013 | 14:41


LONDON |
Wed Mar 13, 2013 6:40pm GMT

LONDON (Reuters) – Years of “unacceptable” compensate by banks to their staff have done it tough to urge a attention opposite manners such as a European Union’s due top on bonuses, a heading British business personality said.

“Just demeanour during a EU’s reward cap. Wrong-headed and counter-productive as it is, a poise of some of the banks creates it formidable for anyone to mount during their side to credibly quarrel opposite it,” pronounced Simon Walker, executive ubiquitous of Britain’s Institute of Directors.

Walker criticised Barclays and Royal Bank of Scotland, that paid more

Read full article: http://news.cnet.com/8301-1023_3-57574059-93/and-just-like-that-google-i-o-is-sold-out/


Source:
http://www.news.ezonearticle.com/2013/03/13/unacceptable-banker-pay-weakens-uk-argument-against-bonus-cap/

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