Wealth and Asset Management
Banks should link pay of senior executives to returns on assets
Banks should link the pay of senior executives to returns on assets and not the current measure of returns on shareholder equity, according to a senior Bank of England official. The near ten-fold rise in bank chief executives' pay from an average of $2.4m (£1.5m) in 1989 to $26m by…
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Click here to read the full story: The Telegraph