The Great Debate UK

from Funds Hub:

Unstable, greedy, selfish….

September 13, 2010

Not the words ringing in my ears as I leave for work every morning, but City of London Investment CEO Barry Olliff's take on the UK financial sector.

Regulatory gaps let banks off the bonus hook

September 6, 2010

– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

from Breakingviews:

What’s your bonus really worth?

By Hugo Dixon
July 1, 2010

By Hugo Dixon and George Hay

What's a bonus really worth? Under new European rules, bankers will see part of their bonuses retained, another chunk deferred and some may also be clawed back. The present value of a $1 million bonus could be cut to less than $800,000, according to Reuters Breakingviews calculations.

Tight UK election is bad news for bankers

April 21, 2010

– Peter Thal Larsen is aBRITAIN/ Reuters Breakingviews columnist. The opinions expressed are his own –

from The Great Debate:

Worry about bank capital, not bonuses

By J Saft
September 8, 2009

jamessaft1--James Saft is a Reuters columnist. The opinions expressed are his own.--

The effort to rein in banking bonuses, outrageous as they may be, is akin to banning glue sniffing because you are worried about the effects of intoxication.

from Commentaries:

Turner is right to take on swollen banks

August 27, 2009

So the watchdog can bark after all. Adair Turner, chairman of Britain's Financial Services Authority, says the financial sector has "swollen beyond its socially useful size". That is a striking statement for any financial regulator, particularly one that counts promoting London's financial centre as one of its goals. Identifying the problem, however, is the easy bit. Reversing decades of financial expansion will require global agreement on tough new rules, and the determination to make sure they are consistently enforced.

from The Great Debate:

How the bailout feeds bloated banker pay

August 13, 2009

jamessaft1-- James Saft is a Reuters columnist. The opinions expressed are his own --

Rising pay in the finance sector in the wake of the global financial crisis is no surprise and is driven partly by the government's bailout itself and the underwriting of banks that are too big to fail.

Memo to banks – it’s not all about the money

August 7, 2009

peter-dixon- Peter Dixon is a guest columnist, the views expressed are his own. He is global financial economist at Commerzbank -

Big Finance reverting to bad old ways

By Paul Taylor
June 25, 2009

paul-taylor– Paul Taylor is a Reuters columnist. The opinions expressed are his own –

from The Great Debate:

Goodbye bonuses, hello hedge funds

By J Saft
February 11, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

The argument about bank bonus payments is as sterile as it is backward looking; compensation at government insured institutions is going nowhere but down.