Deutsche Bank’s new chief John Cryan believes end-of-year bonus demands harm the company. But bonus culture may be too deeply embedded throughout the financial sector.
Tag: bonus
-OpEd- PARIS – Game over for the last of the European Marxists. Europe is getting ready to cap the size of bonuses for bankers. New rules would prevent bankers in European Union countries from receiving bonuses higher than their annual salary. This world first would put an end to the practice that allows these “workers” […]
BERN – Switzerland may be set to become the world champion of shareholder democracy. Swiss voters gave overwhelming approval to the popular initiative against excessive corporate compensation — an initiative launched by Thomas Minder, an entrepreneur from the city of Schaffhausen. Some 68% voted in favor of Sunday’s ballot measure, and each local canton received […]