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It’s official. The UK’s cap on bankers’ bonuses has been lifted. There are some opportunities for firms here, but it shouldn’t mean a return of excessive risk taking....more
As highlighted in our recent article, the Chancellor has proposed an end to the bankers ‘bonus cap’ introduced in 2014. Set out here are some early thoughts on the challenges banks might face if this were to happen and the...more
On November 12, 2015, the European Banking Authority (EBA) published a follow-up report on the treatment of role-based allowances (Allowances) paid by banks to their staff. The EBA’s original, October 2014 report and opinion...more