We’ve told you what we think about the imposition of a windfall tax on bonuses. Now we’d like to know how you feel. As Alistair Darling pointed out today, more than half ...
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The government is looking to curb them as soon as possible, while banks want to pay the performers who bring in the profits, but is it morally wrong to pay big bonuses so soon after being bailed out f ...
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Lloyd Blankfein has been on the PR offensive recently, which may or may not be something to do with Goldman being called a 'great vampire squid wrapped around the face of humanity'. His la ...
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While every star investment banker would love to believe they're the Cristiano Ronaldo of the financial sector, the fact is that top executives' pay pales in comparison to elite sports stars. Are bank ...
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The Archbishop of Canterbury – the UK's bastion of moral rectitude – has come forward and presented his two pence on the financial crisis. His conclusion? Bankers have failed to repent. Banking exe ...
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Imagine the scenario – you've finally managed to claw your way to the top of the investment banking tree, leaving a trail of vanquished competitors and enough burned midnight oil to fill the Mediterra ...
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The spouse of downtrodden KPMG director Andrew Wetherall puts the cost of wives into perspective. It emerged today that Ms Weatherall cost(s) Andy an impressive £15k a month to keep, spurring hi ...
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After more than a year of hollowing out, at least some financial employers appear interested in refilling long-empty seats. Yet many observers report those intrepid firms are much more interes ...
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Popular perception suggests that in order to get ahead in financial services, you need to work like a dog. 15-hour days are the norm, and you should think nothing of sacrificing your evenings and week ...
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Following the handsome profits made by most banks in the first quarter, and the equally handsome amounts put aside by banks for compensation, a debate is raging over the extent to which profits should ...
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It’s the time of year when analysts (unless they’re at Goldman) are being informed of their bonuses. As ever, banks have a tendency to pay low and medium performers little or nothing ...
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With both trading profit and underwriting business rebounding in many markets, the newspapers are rife with stories about the return of boom-era paydays. Goldman allocated $11.36 billion for compen ...
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When did you last do something for the good of all humanity? It’s worth enquiring this of yourself following Lord Myners’ damning indictment of bankers’ morality. Myners, who is cur ...
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Analyst bonuses are being announced as we speak, and so far they don’t appear too bad – unless, that is, you work for an unspecified bank as a corporate broker. According to Financi ...
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It’s no secret that telephone calls on the trading floor are monitored, but events of the past few days suggest banks’ scrutiny of employees goes a little further than th ...
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Following the eulogy to the fragrant Diane Jenkins in the weekend Telegraph, it’s worth revisiting the contribution that Diane has allegedly made to the career of husband Roger Jenkins ...
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Given that it’s going to be a) a hot summer, b) in which there’s not necessarily a huge amount of work to do, and c) things are getting better so additional redundancies are less likely, is now the ti ...
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Admittedly, we’ve asked this question in various guises in the past, but US Treasury Secretary Tim Geithner has inspired us to ask it again. According to DealBook ...
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The broad dimensions of the Obama administration's regulatory overhaul set for release this week have been sketched out in media reports. According to The Wall Street Journal, the administration w ...
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If you’re a glass half full variety of person, the glass is now looking very promising. The first quarter was good and the second quarter looks like it will be good too. Several ban ...
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