Bankers Bonuses

A Right Load Of Bankers

Andy Law | Posted 23.05.2013 | UK Entertainment
Andy Law

C'mon bankers. Re-invent banking. This is a big opportunity. Then you'll find your customers will come up with a more, ahem, grown up and positive sobriquet.

LOOK: 7 Pictures Of Rich Ricci Looking Like A Caricature

The Huffington Post UK | Posted 18.04.2013 | UK

Rich Ricci, the man with the most easily mockable name and most flamboyant dress sense in banking, will retire in June as CEO of Barclay's investment ...

Socialist MEPs Claim Victory Over UK In Fight To Cap Bankers' Bonuses

PA/The Huffington Post | Posted 21.05.2013 | UK Politics

The leader of Europe's Socialist MEPs today hailed a victory over the UK in the battle for new laws capping bankers' bonuses. The UK Government was...

The Bonus Debacle Shows Osborne's Fear Of Bankers

Hussein Kesvani | Posted 08.05.2013 | UK Universities & Education
Hussein Kesvani

Oh how the mighty have fallen... well not exactly. The EU's latest proposal to cap banker's bonuses at base rate wasn't exactly the Cleansing of the Temple, despite what Mayor of London Boris Johnson might think.

EU Leaders Agree Bank Bonus Tax - Despite Osborne's Efforts

PA/The Huffington Post UK | Posted 05.03.2013 | UK Politics

George Osborne has been thwarted in his efforts to avert a controversial cap on bankers' bonuses. The Chancellor headed to Brussels on Tuesday morn...

Boris on Bonuses: Like Swiss Cheese, Full of Holes

Dr Prateek Buch | Posted 03.05.2013 | UK Politics
Dr Prateek Buch

Coming days after RBS announced a £607m bonus pool to "reward" staff for losses of £5bn, Boris' defence of the banking industry is in itself deluded - and as far as the UK economy is concerned, self-defeating.

HSBC Boss To Be Paid HOW MUCH?

PA/Huffington Post UK | Posted 02.03.2013 | UK

The chief executive of HSBC will reportedly receive a bonus package of around £2 million, despite the bank being forced to set aside £950 million la...

Boris Johnson Slams 'Deluded' EU Plan To Cap Bankers' Bonuses

PA/The Huffington Post | Posted 02.03.2013 | UK Politics

London Mayor Boris Johnson has vehemently denounced "deluded" and "self-defeating" EU plans to cap bankers' bonuses. At talks in Brussels last nigh...

RBS Boss To Receive £800,000 Bonus Despite Libor Scandal

PA/Huffington Post UK | Posted 11.04.2013 | UK

The boss of the taxpayer-funded Royal Bank of Scotland will be paid a bonus of almost £800,000 just weeks after his bank was fined £391 million for ...

Lloyds Bonuses Will Be 'Lowest Of Any Bank'

PA | Posted 04.02.2013 | UK

Bonuses at part-nationalised Lloyds will be the lowest of any bank this year, its chairman told MPs and peers. Sir Winfried Bischoff said the bank'...

Lord Lawson Says RBS Should Be Nationalised, As Cameron Urges Bonus 'Restraint'

The Huffington Post UK | Posted 01.02.2013 | UK Politics

Former Conservative chancellor Lord Lawson has said George Osborne should nationalise the Royal Bank of Scotland. In an interview with the Financia...

Top UK Bosses Face 'Significant' Bonus Cuts

PA | Posted 28.01.2013 | UK

The bosses of top UK companies are facing significant bonus cuts but are still expected to receive windfalls worth 60% of their salaries, according to...

Goldman Backtracks After King Broadside

The Huffington Post UK/PA | Posted 17.03.2013 | UK

Goldman Sachs has decided not to hold back investment bankers' bonuses until the new financial year to benefit from the cut in the top rate of income ...

Mervyn King Slams Goldman Sachs Tax Avoidance Strategy

The Huffington Post UK/PA | Posted 15.01.2013 | UK

UPDATE: Goldman Sachs has decided not to hold back investment bankers' bonuses until the new financial year to benefit from the cut in the top rate of...

How the European Parliament Resolves to Make 2013 a Better Year

European Parliament Web Team | Posted 09.03.2013 | UK Politics
European Parliament Web Team

The European Parliament is limbering up for what promises to be an exciting but challenging year. The crisis continues to rumble on, but efforts to put Europe back on the path to growth will not be the only initiative to make a difference to your daily life.

Barclays Exec At Heart Of Rate-Fixing Scandal Wangles £9m 'Golden Goodbye'

PA | Posted 26.07.2012 | UK

A former Barclays executive at the heart of the rate-rigging scandal has walked off with an exit package worth nearly £9 million, sources close to th...

Looking Back Over an Eventful Six Months for the European Parliament

European Parliament Web Team | Posted 15.09.2012 | UK Politics
European Parliament Web Team

A matter of form, part of the procedure, a formality - the European Parliament's scrutiny of the Anti-Counterfeiting Trade Agreement (ACTA) wasn't expected to bring any surprises. After all, it had already been negotiated by major industrialised countries around the world, including the US and had received the European Commission's blessing and the backing of EU member states.

Bankers' Bonuses 'Fall To 15-Year Low'

PA | Posted 09.07.2012 | UK

Bank bonuses are set to fall to levels last seen 15 years ago as City rewards start "coming back into the real world", it was claimed on Thursday. ...

Bankers Win £42m Bonus Battle

PA/The Huffington Post UK | Posted 09.05.2012 | UK

An attempt by 104 London investment bankers to get 50 million euros (£42 million) in unpaid bonuses has succeeded at the High Court. The individua...

Barclays Chairman Apologises To Shareholders Over Bob Diamond's Pay

PA/Huffington Post UK | Posted 27.06.2012 | UK

The chairman of Barclays apologised to shareholders today as he moved to head off a showdown over the pay of chief executive Bob Diamond. At the st...

Under-Fire Bank's Profits Rise 22% Despite Huge Increase In PPI Claims

Huffington Post UK/PA | Posted 25.06.2012 | UK

Barclays bank has reported a 22% rise in profits to £2.4bn despite paying almost £300m more compensation for mis-selling payment protection insuranc...

Barclays Bonus Revolt: Shareholder Anger Remains Despite £2bn Profit

PA | Posted 22.06.2012 | UK

A shareholder revolt over the pay of Barclays boss Bob Diamond showed no sign of cooling today - despite the prospect of £2bn in quarterly profits. ...

Barclays Alters Bonus Structure To Reflect Performance Under Investors' Pressure

Huffington Post UK | Michael Rundle | Posted 19.06.2012 | UK

Barclays bank has caved to angry investors and changed its bonus structure for top executives, including CEO Bob Diamond, to better reflect the bank's...

Lord Sugar Defends Large Bonuses For Bankers

Posted 22.03.2012 | UK Politics

Lord Sugar has attacked politicians from all parties for criticising the large bonuses awarded to Britain's senior bankers. The Labour peer accused...

RBS Losses Hit £2bn, While Bonus Bill Totals Millions

Huffington Post UK | Michael Rundle | Posted 23.02.2012 | UK

Taxpayer-owned Royal Bank of Scotland has announced it lost £2bn in 2011, while also paying more than £785m in bonuses to staff. RBS, which is 82...