London's Bank-Pay Crackdown

http://www.futureofcapitalism.com/2009/07/londons-bank-pay-crackdown

The talk of London is Sir David Walker's proposal to defer a quarter of bonus payments for bankers and traders for three years and another quarter for five years. If this is such a good idea, why restrict it to the financial industry? And what's to stop the firms from getting around it by just revising their compensation policies to pay more in base salaries and less in bonuses?

by Editor  |  Jul 17, 2009 at 9:25 am Related Topics:  Capital Markets Regulation, Compensation, Corporate Governance receive the latest by email: subscribe to the free futureofcapitalism.com mailing list