Part III: Four Key Issues
25/06/12
Towards a no bonus culture
RP’s Diary
This morning the FT reported that some of Wall Street’s top executives, including the heads of JP Morgan and Citigroup, Jamie Dimon and Vikram Pandit, were given double-digit annual pay rises averaging almost 12%, despite widespread falls in profits and share prices. The news confirms claims that banks are finding ways round the clamp down…
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22/06/12
Banish Europe’s banking ghosts
RP’s Diary
The discussion about the need for a ‘banking union’ in the Euro area needs to focus on the key issues, just as does the debate on the euro crisis as a whole. What matters in deciding whether to assist a country to stay in the euro is its political will to reform. The test is…
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