Bonus cap: Bankers and nurses both work hard, but you shouldn’t compare their pay Opinion As UK banks start scrapping the bonus cap, Emma Revell argues why this is a good thing – and what the NHS could learn from it People hate bankers almost as much as they love the NHS. So unsurprisingly, the return of big bonuses to City pay packets is not without controversy. In what may [...]
Barclays joins Wall Street rivals in scrapping EU bonus cap Banking Barclays has become the first UK bank to remove an EU-imposed cap on bonuses for some of its top bankers and traders, bringing the firm's policies on variable pay closer to its Wall Street rivals.
Morgan Stanley to join Wall Street rivals in scrapping bonus cap for UK staff Banking Morgan Stanley is planning to follow its Wall Street rivals in scrapping an EU-imposed cap on bonuses for its top UK bankers.