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Sunday, 8th November 2009

Executive fat cats

Bankers under fire over 'business as usual' BANK of England Governor Mervyn King last night hit out at the "business as usual" culture in Britain's banks.

Bankers set to pocket £6bn as bonuses soar by 50% CITY financiers will together pocket New Year bonuses of more than £6 billion – 50 per cent more than a year ago – as the rest of the country faces growing unemployment and public-service cutbacks, according to research published today.

Bonus culture reborn as bank staff earn £325,000 each – and counting STAFF at investment bank Goldman Sachs have notched up an average £325,000 in pay and bonuses so far this year despite government pressure to curb pay-outs.

Bankers launch claim for £30m in unpaid bonuses A CLAIM for £30 million in unpaid bonuses was launched by 72 bankers yesterday.

More Stories

G20 urges fat cat pay crackdown

Cap on bonuses 'unenforceable'

Brown calls for bonus cap as old banking ways continue

Row erupts as watchdog calls for tax on the City

Fresh bonuses row as 'rain-maker' pair paid £10m by RBS

City watchdog 'capitulated' over curbs on bank bonuses

Rail firm keeps bonus plan

Fresh call to axe Network Rail bonuses

Shareholders revolt over £5.6m deal for BT chief

PM to banks: give back your bonuses

Bosses set to retire in style on a £3m pension

The buck stops here

Gas giant boss sees pay 1op £1.8m

Business briefs

Bonuses bit by credit crunch

More cream for fat cats

Chief executive to quit as council revokes £149,000 redundancy deal

East Lothian Question resolved

Top executives can look forward to £200k pensions

Flood fat cats' bonuses

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