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Bankers to get millions in share payments in bonus cap dodge

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Bankers to get millions in share payments in bonus cap dodge

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pcernie

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Bankers to get millions in share payments in bonus cap dodge

http://www.theguardian.com/business/201 ... -bonus-cap

Surely not!

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Fri Feb 21, 2014 9:37 pm

Amnesia10

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Re: Bankers to get millions in share payments in bonus cap dodge

They probably knew that it would have massive great loopholes considering the access they have to number 10.

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Fri Feb 21, 2014 10:05 pm

bobbdobbs

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Re: Bankers to get millions in share payments in bonus cap dodge


	Amnesia10 wrote: They probably knew that it would have massive great loopholes considering the access they have to number 10.

The new payments would be in addition to bank leaders' basic pay because the EU is limiting bonuses to 100% of salaries – or 200% if shareholders approve larger payments.

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Mon Feb 24, 2014 8:50 am

Amnesia10

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Re: Bankers to get millions in share payments in bonus cap dodge

Also in most companies even if shareholders vote against the pay the votes are not always binding. So while the board might cut their bonus the bonuses for the trading desks continue.

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Mon Feb 24, 2014 3:04 pm

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