Ministers reconciled to banks paying out billions in bonuses - BBC
The government is resigned to UK banks paying out billions of pounds in bonuses this year, despite its calls to curb the payments, the BBC reports today.
>>> A detailed analysis summarising the current position in the ongoing development of the new global regulatory framework for remuneration in financial service firms will be published next month in e-reward’s paid-for subscription series, e-research.
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Title: Bank bonuses “to run to billions in 2011”, BBC, 7 January 2011.
Availability: Read the BBC report online at www.bbc.co.uk/news/business-12131092.
--> See also “Banks to pay out billions in bonuses”, Robert Peston blog, 6 January 2011: www.bbc.co.uk/blogs/thereporters/robertpeston/2011/01/banks_to_pay_out_billions_in_b.html.