Banks score own goal with bonus culture defence

August 4, 2009

In the blink of an eye it look as if the City is “booming” again after Barclays and HSBC announced buoyant investment banking earnings on Monday.

Schadenfreude – the new City currency?

September 16, 2008

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Is it me or is Schadenfreude on the march? In the midst of all the headlines about wealthy bankers facing the ‘new reality’ of unemployment and comment about them not being terribly worthy of sympathy on account of their vast past bonuses, it’s as well to remember that not everyone can be sanguine about being cast out of work and that every job lost is a potential human tragedy.