Bankers behaving badly face 6-year bonus clawback by BoE | Business Information & News | Westlaw

Bankers behaving badly face 6-year bonus clawback by BoE | Business Information & News | Westlaw

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3/13/14 REUTERS 15:38:11
REUTERS
Copyright © 2014 Thomson Reuters
March 13, 2014
Bankers behaving badly face 6-year bonus clawback by BoE
Huw Jones
LONDON (Reuters) - Misbehaving bankers and their bosses will have to hand back bonuses up to six years after they pocket them under a rule the Bank of England is proposing to prevent excessive risk-taking.
The aim of the rule put out for consultation...
---- Index References ----
Company: PINSENT MASONS LLP; HSBC HOLDINGS PLC; GOVERNOR AND COMPANY OF THE BANK OF ENGLAND (THE); BARCLAYS PLC
News Subject: (Compensation (1CO80); Business Management (1BU42); Executive Compensation (1EX37); Major Corporations (1MA93); HR & Labor Management (1HR87))
Industry: (Banking (1BA20); Financial Services (1FI37))
Region: (England (1EN10); Europe (1EU83); Western Europe (1WE41); United Kingdom (1UN38))
Language: EN
Other Indexing: (Andrew Bailey; Yuriko Nakao; Andrew Tyrie; Rob Moulton; Matthew Findley)
Keywords: banking (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 787
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.