05/16/2012

Banking lobby warns of risks from capping bonuses

Bankers often receive a bonus of several times their basic annual salary but the European Parliament's economic affairs committee agreed on Monday that bonuses should not be higher than a banker's fixed pay.

05/16/2012

Deloittes gear up for the Olympics

A team of employees from Deloitte are gearing up for the Olympics by taking to their saddles and tackling the official Olympic cycle route before the London 2012 athletes.

05/16/2012

UBS needs more than just an EM figurehead

Rob Jolliffe's appointment to lead UBS's emerging markets efforts is an eye-catching move but will do little to mask some of the underlying weaknesses it has in that business.

05/15/2012

The tax cap is in danger of deterring innovative philanthropists

Meanwhile, a second arm of government – the Treasury – continues to defend its plans to end unlimited tax relief on donations that a growing coalition of philanthropists and charities argue will greatly reduce existing levels of giving. t

05/14/2012

Bankers fight new EU cap on bonuses

Brussels sources indicated that there is a high probability that the resolution will be passed, which would then need to be ratified by the European Commission before becoming law.

05/11/2012

Heartwood’s Lough: FSA has got RDR independence wrong

While the wealth management chief is largely supportive of the regulation’s underlying principles – not least upping professional standards and the removal of trail commission – he says the FSA has got it wrong when it comes to its crite