Wall Street Bonuses

Using Insights From Behavioural Economics to Redesign Executive Compensation

Jon Jachimowicz | Posted 23.01.2014 | UK
Jon Jachimowicz

Not a week goes by without yet another story which describes how executive managers have abused their compensation, most notably income generated via target-dependent bonuses. Ranging from investment bankers to insurance brokers, the public opinion has generally converged on the fact that the remuneration of top employees requires redesign.

Capping Banker Bonuses Misses the Point

Cyrus Moore | Posted 05.05.2013 | UK Politics
Cyrus Moore

Brussels is wrong to cap bankers' bonuses, just as it was wrong to propose a financial transactions tax a few months ago. Its thinking, however, is along the right lines; having failed to manage their businesses responsibly, bankers need to be kept on a tight leash.

Honour Amongst Bankers

Cyrus Moore | Posted 10.09.2012 | UK Politics
Cyrus Moore

Appointing a trader to run Barclays, one of Britain's finest retail banking names, was a big mistake