Bonus Cap May Result In Bank Talent Drain

Limits on bonuses at Lloyds TSB and Royal Bank of Scotland could result in a talent drain at the two government-aided banks, according to Paul Mumford, senior fund manager at Cavendish Asset Management.

  • 03 Nov 2009
Limits on bonuses at Lloyds TSB and Royal Bank of Scotland could result in a talent drain at the two government-aided banks, according to Paul Mumford, senior fund manager at Cavendish Asset Management. Mumford made his comments after HM Treasury announced tough new rules on the two banks ...

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1 Bank of America Merrill Lynch (BAML) 6,665 23 13.02
2 Citi 5,781 17 11.29
3 BNP Paribas 3,530 14 6.89
4 Barclays 2,853 9 5.57
5 Credit Suisse 2,783 8 5.44

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