Publishing pay bands now risks damaging Britain's competitiveness, says Sir David Walker Sir David Walker, the former Morgan Stanley chairman who is reviewing City pay and practices, today pledged to clamp down on the banks'... [read full story]
|
RELATED
|
|
France's President Nicolas Sarkozy speaks at a news conference attended by Finance Minister Christine Lagarde, following a meeting with bank leaders at the Elysee Palace, August 25, 2009. REUTERS/Philippe Wojazer...
The fact that Royal Bank of Scotland has agreed to (or been forced to) limit cash bonuses to those staff who earn £39,000 or less this year, has got a lot of people concerned that staff will leave in droves for compensation...
chief executive Stephen Hester to his staff this week says that senior management and traders who receive share bonuses will be allowed to cash them out as soon as they are awarded. Hester said: 'The first installment of the...
RBS managers are attempting to prevent widespread resignations following the announcement of href="http://www.personneltoday.com/articles/2009/11/03/52828/rbs-and-lloyds-to-defer-bonuses-for-bankers-earning-over-39000-until.ht
Royal Bank of Scotland boss Stephen Hester yesterday insisted staff would enjoy "a significantly improved position" in terms of bonuses compared to last year, as headhunters reported a deluge of calls.
Your account has been frozen. For your available options click the below button. Published Date: 05 November 2009 THE body holding the UK's stakes in bailed-out lenders Royal Bank of Scotland and Lloyds said it was "walking a...
Hundreds of Royal Bank of Scotland's top traders could walk away with huge cash bonuses next summer, despite the bank's promise to only pay rewards in shares. An internal letter from RBS chief executive Stephen Hester to his...
The body that manages the government's stakes in state-supported banks has 'to walk a tightrope' when approving bonuses for top staff at Royal Bank of Scotland and Lloyds, its chief executive told a parliamentary committee
Senior managers at the Royal Bank of Scotland are scrambling to prevent widespread resignations following the publication of the bank’s stringent bonus policy. By Louise Armitstead and Jonathan Sibun City headhunters said they...
Fears grow that small businesses are being deprived of credit Any bonus awarded to Royal Bank of Scotland chief executive Stephen Hester will be linked to the Edinburgh-based bank hitting the lending commitments that the...
