Bonuses for Britain’s bankers and insurance workers rose at double the pace of those for the total workforce last year, despite politicians’ and regulators’ attempts to clamp down on bumper payouts at financial firms. . .
http://uk.reuters.com/article/2014/08/29/uk-britain-bonuses-banks-idUKKBN0GT1YH20140829?rpc=401&feedType=RSS&feedName=topNews&rpc=401
Citigroup Inc. has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that limit bonuses to up to twice the level of base salaries, the Financial Times reported, citing several people. . .
http://uk.reuters.com/article/2014/09/01/uk-citigroup-bonuses-idUKKBN0GW11P20140901
IMF economists argue monetary policies introduced since 2008 may have increased banks’ medium-term risk . .
More than 2,400 former Lehman Brothers bankers will have their pensions paid in full following a six-year legal battle. . . .
Standard Chartered has agreed to pay $300m (£180m) to New York’s top banking regulator for failing to improve its money laundering controls. . .