Monthly Archives: August 2011

Banks Ordered to Publish Details of Staff Remuneration

Posted on August 13, 2011 by Admin

New rules published by the Basel Committee on Banking Supervision (BCBS) will require all banks to issue specifications on their manner of assigning bonuses to their key staff. These procedures will require firms to reveal how they hold responsibility to … Continue reading →

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Barclays Boss Enjoying Job Cuts!!

Posted on August 5, 2011 by Admin

Barclays boss, Bob Diamond says he is enjoying “finding opportunities” to cut cost by axing 700 investment bank jobs in London and warning to do thousands more in order to boost revenues. The banking chief announced 3,000 jobs will be … Continue reading →

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